Why is Aion-Tech Soluti falling/rising?

As of 07-Jul, Aion-Tech Solutions Ltd is experiencing a decline in its stock price, currently at Rs 74.59, reflecting a decrease of Rs 2.4 or 3.12%. Today's price summary indicates that the stock has underperformed its sector by 2.48% and has fallen after two consecutive days of gains. It reached an intraday low of Rs 74.08, with trading volume skewed towards this lower price. Over the past week, the stock has shown a slight decline of 0.13%, while its performance over the last month is slightly positive at 0.85%. However, the stock has significantly underperformed over the longer term, with a year-to-date decline of 6.75% and a staggering 49.19% drop over the past year. The company's weak long-term fundamentals, including a -234.31% CAGR growth in operating profits and a negative EBITDA, contribute to the stock's downward pressure.
In the broader market context, Aion-Tech Solutions Ltd has underperformed compared to the benchmark, with the BSE500 generating a return of 1.74% over the past year while the stock has plummeted by 49.19%. This stark contrast highlights the company's struggles amid a generally more favorable market environment. The weak ability to service debt, as indicated by a poor EBIT to Interest ratio of -1.49, further exacerbates investor concerns. Additionally, the significant drop in delivery volume by 60.44% against the 5-day average suggests a lack of investor confidence, which is reflected in the stock's current price movement.