Why is Aether Industri. falling/rising?

As of 17-Sep, Aether Industries Ltd is experiencing a decline in its stock price, currently at Rs 731.15, reflecting a decrease of Rs 5.5 or 0.75%. The stock is trading close to its 52-week low, just 0.9% away from Rs 724.6, and has underperformed its sector by 1.74% today. Over the past week, the stock has fallen by 1.62%, and it has shown a significant decline of 17.32% year-to-date. Despite declaring positive results for the last three consecutive quarters, including a remarkable growth in PAT and net sales, the stock's long-term growth prospects appear poor, with an annual operating profit growth rate of only 15.74% over the last five years. Additionally, the reduction in promoter stake by 6.77% signals a lack of confidence in the company's future, contributing to the stock's downward movement.
In the broader market context, Aether Industries has consistently underperformed against the benchmark, with a return of -25.47% over the past year compared to a slight decline of 0.46% for the Sensex. The stock's performance has been weak over the last three years, where it has lagged behind the BSE500 in each annual period. This consistent underperformance, combined with falling investor participation—evidenced by an 83.54% drop in delivery volume—indicates a lack of market confidence, further exacerbating the stock's decline.