Why is Affordable Robo. falling/rising?

As of 29-Sep, Affordable Robotic & Automation Ltd is experiencing a decline in its stock price, currently at Rs 226.05, which reflects a decrease of Rs 15.8 or 6.53%. The stock has hit a new 52-week low of Rs 221.55 today and has underperformed its sector by 5.89%. Over the past three days, the stock has consistently fallen, resulting in a total decline of 11.25%. The stock's performance over the last week shows a significant drop of 9.49%, and its year-to-date return is a staggering -65.48%. The company's financials indicate operating losses and a high debt-to-EBITDA ratio, contributing to its weak long-term fundamental strength. Despite an attractive valuation based on ROCE, the company's net sales and profits have significantly decreased, further impacting investor confidence.
Broader market context reveals that while the Sensex has shown a slight decline of 2.18% over the past week, Affordable Robotic & Automation Ltd's performance has been markedly worse. The stock's year-on-year return of -65.36% starkly contrasts with the broader market's decline of only 6.08%. This underperformance indicates that the stock is not only struggling relative to its sector but also significantly lagging behind the overall market trends. The falling investor participation, as evidenced by a sharp drop in delivery volume, suggests a lack of confidence among investors, which is likely exacerbating the stock's downward trajectory.