Why is AIA Engineering falling/rising?

As of 25-Jul, AIA Engineering Ltd's stock is currently priced at 3,260.00, reflecting a decrease of 63.7 points or 1.92%. The stock has been experiencing a downward trend, having fallen for the last two consecutive days, resulting in a total decline of 2.92% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. The stock's performance over the past week shows a decline of 3.15%, while it has also underperformed the benchmark Sensex, which has only decreased by 0.36%. Despite high management efficiency and strong institutional holdings, the stock's long-term growth prospects appear poor, with net sales and operating profit growth lagging behind expectations.
Broader market context indicates that AIA Engineering's recent performance is not isolated, as it has underperformed the BSE500 over various time frames, including a significant drop of 23.29% over the past year compared to the Sensex's modest gain of 1.78%. The stock's liquidity remains adequate for trading, but a notable decline in investor participation, with delivery volume dropping by 20.43% against the 5-day average, suggests waning interest among investors. This combination of factors, including disappointing financial results and a high valuation relative to its peers, contributes to the stock's current downward trajectory.