Why is AI Champ.Inds. falling/rising?

As of 07-Jul, AI Champdany Industries Ltd is experiencing a decline in its stock price, currently at Rs 52.85, reflecting a decrease of Rs 2.21 or 4.01%. Today's price summary indicates that the stock opened with a significant gain of 10.15%, reaching an intraday high of Rs 60.65, but subsequently fell to a low of Rs 52.06, resulting in high volatility with an intraday fluctuation of 7.61%. Despite a positive 1-week return of 1.95% and a strong 3-year return of 225.23%, the stock has underperformed its sector by 3.35% today and has shown a concerning trend reversal after two consecutive days of gains. The company's fundamentals are weak, highlighted by operating losses and a negative EBITDA, which contribute to a poor long-term growth outlook with net sales declining at an annual rate of 6.42%.
In the broader market context, while the Sensex has shown a slight decline of 0.20% over the past week, AI Champdany's recent performance contrasts sharply with its benchmark, particularly given its year-to-date return of -8.88% compared to the Sensex's positive 6.79%. The stock's liquidity remains adequate for trading, but a significant drop in delivery volume by 91.38% against the 5-day average indicates falling investor participation, which may further pressure the stock price. Overall, the combination of high volatility, weak financial fundamentals, and declining investor interest are contributing to the stock's downward movement.