Why is Aeroflex falling/rising?

As of 04-Sep, Aeroflex Industries Ltd is experiencing a decline in its stock price, currently at Rs 177.00, which reflects a decrease of Rs 3.9 or 2.16%. Today's price summary indicates that the stock has underperformed its sector by 1.38%, with an intraday low of Rs 175.5, representing a drop of 2.99%. Over the past week, the stock has shown a positive return of 1.93%, but it has declined by 6.87% over the last month. The company's operating profit growth has been poor, with significant declines in key financial metrics such as profit before tax and net sales in the latest quarter compared to previous averages. Additionally, the stock's valuation appears expensive with a Price to Book Value of 6.7, and institutional investor participation has decreased, indicating a lack of confidence among larger investors.
In the broader market context, while Aeroflex's short-term performance has been positive relative to the benchmark Sensex, which gained 0.80% over the same week, the stock's longer-term performance is concerning. Year-to-date, Aeroflex has seen a decline of 12.51%, contrasting sharply with the Sensex's gain of 3.30%. This disparity highlights the challenges Aeroflex faces in maintaining investor interest and confidence, particularly in light of its recent poor financial results and falling institutional stakes.