Why is Aeron Composites falling/rising?

As of 08-Sep, Aeron Composites Ltd is experiencing a decline in its stock price, currently at 113.50, which reflects a decrease of 4.3 or 3.65%. The stock has underperformed today, lagging behind its sector by 2.96%. In terms of returns, the stock has seen a 1-week decline of 1.30% and a year-to-date drop of 38.93%, indicating significant underperformance compared to the Sensex, which has gained 4.77% year-to-date. While the stock is currently higher than its 20-day moving average, it remains below the 5-day, 50-day, 100-day, and 200-day moving averages. Notably, there has been a rise in investor participation, with delivery volume increasing by 197.1% against the 5-day average, suggesting some interest despite the overall decline.
Broader Market Context: In the short term, Aeron Composites' performance has been weaker than the benchmark, as evidenced by its 1-week return of -1.30% compared to the Sensex's gain of 0.60%. This trend of underperformance is further highlighted by the stock's year-to-date performance, which shows a stark contrast to the broader market's positive movement. The liquidity of the stock remains adequate for trading, as it is based on 2% of the 5-day average traded value, but the overall negative sentiment and significant year-to-date losses indicate challenges that the company faces in the current market environment.