Why is AIA Engineering falling/rising?

As of 12-Aug, AIA Engineering Ltd is experiencing a decline in its stock price, currently at 3,103.80, reflecting a decrease of 13.65 points or 0.44%. The stock has underperformed its sector by 0.49% today and is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 1.29%, and it has shown a significant decline of 35.55% over the past year, while its net sales and operating profit growth have been relatively low at 7.54% and 12.43%, respectively, over the last five years. Despite having a high return on equity (ROE) of 15.46% and low debt levels, the stock's valuation appears expensive with a price-to-book ratio of 4.2, which may deter potential investors.
In the broader market context, AIA Engineering's recent performance contrasts with the Sensex, which has seen a slight decline of 0.59% over the same week. The stock's year-to-date performance is notably poor, with a drop of 8.15%, while the benchmark has gained 2.68%. This underperformance is compounded by the company's flat results and low returns on capital employed, which have contributed to a lack of investor confidence. Although there has been a rise in investor participation, as indicated by a significant increase in delivery volume, the overall sentiment remains negative due to the company's poor long-term growth prospects and recent financial performance.