Why is Ahlada Engineers falling/rising?

As of 08-Sep, Ahlada Engineers Ltd is currently priced at 58.03, reflecting a decrease of 0.13 or 0.22%. The stock has shown a mixed performance recently, with a 1-week return of +1.34%, but a significant decline of -8.66% over the past month. Today's price summary indicates that the stock is performing in line with its sector, although it is higher than the 5-day moving averages but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 61.93% compared to the 5-day average. The stock's valuation appears attractive with a return on capital employed (ROCE) of 6 and a low enterprise value to capital employed ratio, yet it has suffered a substantial profit decline of 82.5% over the past year, contributing to its overall negative performance.
In the broader market context, Ahlada Engineers has underperformed against the benchmark, with a year-to-date return of -37.24% compared to the Sensex's +4.77%. This consistent underperformance is evident over the past three years, where the stock has generated -49.29% returns, indicating weak long-term fundamental strength and a -19.62% compound annual growth rate in operating profits. The company has reported negative results for the last four consecutive quarters, with significant declines in net sales and profit after tax, further exacerbating investor concerns. Despite trading at a discount compared to its peers, the ongoing financial struggles and lack of profitability per unit of shareholder funds suggest that the stock's recent movement is primarily downward.