Why is Affordable Robo. falling/rising?

As of 01-Oct, Affordable Robotic & Automation Ltd is experiencing a price increase, currently at Rs 240.80, reflecting a rise of Rs 9.4 or 4.06%. The stock has shown a positive performance today, outperforming its sector by 1.8% and achieving a consecutive gain over the last two days with a total return of 6.1%. It opened with a gain of 2.23% and reached an intraday high of Rs 249, although it is trading below its moving averages across various time frames. Despite the recent gains, the stock has faced significant declines over the past month and year, with returns of -9.81% and -62.61%, respectively. The company has a low return on capital employed and has reported operating losses, which contribute to its weak long-term fundamental strength.
In the broader market context, while the Sensex has shown a slight increase of 0.77% over the past month, Affordable Robotic & Automation Ltd has underperformed significantly with a decline of 9.81%. This stark contrast highlights the stock's struggles despite today's positive movement. The engineering sector has gained by 2.32%, indicating some sectoral strength, yet the company's high debt to EBITDA ratio and declining net sales suggest underlying challenges that may hinder its recovery. Overall, while the stock is rising today, its long-term outlook remains concerning due to poor financial performance and high operational losses.