Why is Affordable Robo. falling/rising?

As of 01-Sep, Affordable Robotic & Automation Ltd is experiencing a decline in its stock price, currently at Rs 267.00, which reflects a decrease of 2.0 (-0.74%). The stock has hit a new 52-week low today, and it has underperformed its sector by 1.47%. Over the past week, the stock has fallen by 23.37%, and year-to-date, it has seen a significant drop of 59.22%. The company has been trading below its moving averages across various time frames, indicating a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 60.15% compared to the five-day average. The company's financials reveal operating losses and a high debt-to-EBITDA ratio, contributing to a weak long-term fundamental strength.
In the broader market context, while the Sensex has shown a modest gain of 2.85% year-to-date, Affordable Robotic & Automation Ltd's performance has starkly contrasted, with a staggering decline of 59.22%. This underperformance is further highlighted by the stock's returns over the past year, which are significantly worse than the broader market's negative return of 4.75%. The company's inability to generate positive returns, coupled with declining profits and low sales figures, has led to a lack of investor confidence, resulting in the stock's continued downward trajectory.