Why is Aeroflex falling/rising?

As of 15-Oct, Aeroflex Industries Ltd is currently priced at 169.80, reflecting an increase of 0.45, or 0.27%. Despite this slight uptick, the stock has underperformed its sector by 0.77% today and has experienced a trend reversal after seven consecutive days of decline. Over the past week, the stock has decreased by 2.55%, and it has also shown a significant decline of 16.07% year-to-date. The company has a low debt-to-equity ratio, which is a positive factor; however, its operating profit growth has been poor, and recent financial results indicate a substantial drop in profit before tax, profit after tax, and net sales compared to previous quarters. Additionally, institutional investor participation has decreased, which may negatively impact investor confidence.
In the broader market context, while Aeroflex has seen a slight increase today, it has consistently underperformed against the benchmark, with a return of -18.48% over the past year compared to a 0.96% increase in the Sensex. The stock's performance over the last three years has also been disappointing, as it has underperformed the BSE500 in each of the last three annual periods. This consistent underperformance, coupled with the recent decline in institutional investment, suggests that the stock's recovery may be limited despite today's minor price increase.