Why is AIA Engineering falling/rising?

As of 01-Aug, AIA Engineering Ltd's stock price is currently at 3,110.00, reflecting a decrease of 25.0 points or 0.8%. The stock has been experiencing a downward trend, having fallen consecutively for the last two days, resulting in a total decline of 2.48% during this period. Over the past week, the stock has underperformed with a return of -4.60%, and it has also shown a significant decline of -31.12% over the past year. Despite having a high management efficiency indicated by a return on equity (ROE) of 15.46% and a low debt-to-equity ratio, the company has faced challenges with poor long-term growth, evidenced by a modest annual net sales growth of 7.54% and a decline in profits by 6.6% over the past year. Additionally, the stock is trading below its moving averages, which may indicate a bearish sentiment among investors.
In the broader market context, AIA Engineering's recent performance contrasts with the benchmark Sensex, which has shown a decline of only 1.06% over the past week. This underperformance is further highlighted by the stock's year-to-date return of -7.97%, while the Sensex has gained 3.15% during the same period. The stock's liquidity remains adequate, but a decrease in delivery volume suggests falling investor participation, which could contribute to the negative sentiment surrounding the stock. Overall, the combination of poor short-term performance, disappointing long-term growth prospects, and underwhelming returns compared to the broader market has led to the stock's current downward trajectory.