Why is Ahlada Engineers falling/rising?

As of 19-Sep, Ahlada Engineers Ltd is currently priced at 61.07, reflecting a decrease of 0.61, or 0.99%. The stock has underperformed its sector by 0.3% today, despite a notable increase in investor participation, with delivery volume rising by 53.43% compared to the 5-day average. While the stock has shown a positive return of 6.41% over the past week and 2.67% over the past month, it has significantly underperformed in the longer term, with a year-to-date decline of 33.96% and a staggering 44.15% drop over the past year. The company's weak fundamentals are highlighted by a return on equity of only 6.00% and a negative trend in profits, which have fallen by 82.5% over the past year, contributing to its current price movement.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has consistently underperformed against the BSE500 over the last three years. While the Sensex has gained 0.85% over the past week, Ahlada Engineers' short-term gains are overshadowed by its long-term decline, indicating a lack of investor confidence. The company's negative results over the last four quarters and a significant drop in net sales further exacerbate its challenges, suggesting that despite some short-term gains, the overall outlook remains bleak for Ahlada Engineers Ltd.