Why is AIA Engineering falling/rising?

As of 22-Aug, AIA Engineering Ltd's stock price is currently at 3,082.80, reflecting a decrease of 37.05 points or 1.19%. The stock has underperformed its sector today by 0.7% and is trading below all key moving averages, indicating a bearish trend. Additionally, the stock is 2.52% away from its 52-week low, suggesting a lack of upward momentum. Over the past week, the stock has declined by 1.00%, and its year-to-date performance shows a significant drop of 8.77%. Despite having a high return on equity (ROE) of 15.46% and low debt levels, the company has faced challenges with poor long-term growth, as evidenced by net sales growth of only 8.77% over the last five years and a recent flat performance in June 2025.
In the broader market context, AIA Engineering's recent performance contrasts with the Sensex, which has gained 0.88% over the past week. The stock's underperformance is further highlighted by its negative returns over the past year, where it has dropped by 30.08%, compared to the Sensex's modest gain of 0.31%. The decline in investor participation, with a 50.1% drop in delivery volume, also indicates waning interest in the stock. Overall, the combination of poor short-term and long-term performance, alongside a lack of investor confidence, contributes to the stock's downward trajectory.