Why is Ahlada Engineers falling/rising?

As of 12-Aug, Ahlada Engineers Ltd is currently priced at 61.17, reflecting an increase of 0.52 or 0.86%. Despite this uptick, the stock has shown a significant decline over the past year, with a return of -42.34%. Today's performance indicates that Ahlada Engineers has outperformed its sector by 0.81%, although it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has seen a rise in investor participation, with delivery volume increasing by 59.59% compared to the 5-day average. However, the company has faced challenges, including a substantial drop in profits by -72.8% over the past year and negative results for the last three consecutive quarters, which contribute to its weak long-term fundamental strength.
In the broader market context, Ahlada Engineers has underperformed relative to the Sensex, with a 1-week return of -9.08% compared to the benchmark's -0.67%. This trend of underperformance extends over longer periods, with the stock showing a -33.85% return year-to-date, while the Sensex has gained 3.56%. The company's weak profitability, indicated by a low Return on Equity of 6.00% and a -13.66% CAGR growth in operating profits over the last five years, further exacerbates its challenges. Despite trading at a discount compared to its peers, the overall negative financial performance and declining sales suggest that the stock's recent price movement may not be sustainable in the long term.