Why is Affordable Robo. falling/rising?

As of 25-Aug, Affordable Robotic & Automation Ltd is experiencing a decline in its stock price, currently at Rs 348.45, which represents a decrease of Rs 46.05 or 11.67%. The stock has hit a new 52-week low of Rs 344.2 today and has underperformed its sector by 11.99%. Over the past three days, the stock has consistently fallen, resulting in a total decline of 13.96%. Additionally, the stock has been trading below its moving averages across various timeframes, indicating a bearish trend. The company is facing significant challenges, including operating losses and a high Debt to EBITDA ratio of 6.80 times, which contributes to its weak long-term fundamental strength. Furthermore, net sales have plummeted by 58.7% compared to the previous quarter, and the stock's performance over the past year shows a return of -38.21%, significantly worse than the broader market.
In the broader market context, the stock's short-term performance has been notably poor compared to the benchmark, with a one-week return of -11.36% against a slight gain of 0.45% for the Sensex. This stark contrast highlights the stock's struggles relative to the overall market, which has shown resilience. The company's weak financial indicators, including a low ability to service debt and declining profits, have led to falling investor participation, as evidenced by a 46.75% drop in delivery volume. Overall, these factors contribute to a negative sentiment surrounding Affordable Robotic & Automation Ltd, resulting in its current stock price decline.