Why is AI Champ.Inds. falling/rising?

As of 14-Jul, AI Champdany Industries Ltd is experiencing a decline in its stock price, currently at Rs 54.90, reflecting a decrease of Rs 2.09 or 3.67%. The stock has been underperforming, having fallen for three consecutive days with a total decline of 6.6%. Despite opening with a gain of 2% today and reaching an intraday high of Rs 58.13, it also touched a low of Rs 52.05, indicating high volatility with a wide trading range of Rs 6.08. The stock has shown strong returns over the past month at +31.94%, but it has a year-to-date decline of -5.34%. The company is facing significant challenges, including operating losses and a weak long-term fundamental strength, with net sales declining at an annual rate of -6.42% and a high Debt to EBITDA ratio of -1.00 times. Recent negative financial results further exacerbate the situation, with a substantial drop in profit before tax and profit after tax.
In the broader market context, the stock's short-term performance has outpaced the benchmark Sensex over the past week, gaining 3.88% compared to the Sensex's decline of -1.42%. However, the stock's year-to-date performance lags behind the Sensex, which has increased by 5.27%. The falling investor participation, as indicated by a significant drop in delivery volume, coupled with the company's poor financial health, suggests a challenging environment for the stock moving forward. Overall, the combination of high volatility, negative earnings reports, and weak fundamentals contributes to the stock's current downward trend.