Why is AIA Engineering falling/rising?

As of 08-Aug, AIA Engineering Ltd's stock price is currently at Rs 3,090.00, reflecting a decline of Rs 65.0 or 2.06%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 3.11%. It is trading below all key moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, just 2.75% away from Rs 3,005.1. Over the past year, AIA Engineering has generated a return of -32.72%, significantly underperforming the broader market, as evidenced by the Sensex's positive return of 1.23%. The company's performance metrics, including a low ROCE and declining debtor turnover ratio, further highlight its struggles, alongside a modest growth rate in net sales and operating profit over the last five years.
In the broader market context, AIA Engineering's short-term performance has been relatively better than the Sensex, with a 1-week return of -0.29% compared to the Sensex's -0.92%. However, the stock's long-term outlook appears bleak, as it has underperformed the BSE500 over various time frames, including the last three years and one year. Despite high institutional holdings and management efficiency, the stock's valuation remains expensive relative to its peers, which may deter potential investors. The combination of poor long-term growth prospects, recent price declines, and negative investor sentiment contributes to the stock's current downward trajectory.