Why is Aion-Tech Soluti falling/rising?

As of 28-Jul, Aion-Tech Solutions Ltd is experiencing a decline in its stock price, currently at Rs 66.70, which reflects a decrease of Rs 4.23 or 5.96%. The stock has underperformed its sector by 5.73% today and has been on a downward trend for the last two days, accumulating a total loss of 7.76%. It opened significantly lower today, with a gap down of 9.42%, reaching an intraday low of Rs 64.25. Over the past week, the stock has fallen by 9.25%, and its year-to-date performance shows a substantial decline of 16.61%. The company has also faced weak long-term fundamental strength, highlighted by a staggering -234.31% CAGR growth in operating profits over the last five years and a negative EBITDA, indicating financial instability.
In the broader market context, Aion-Tech Solutions Ltd's performance has been notably worse than the benchmark, with a one-year return of -55.73% compared to the Sensex's slight decline of -0.54%. This stark contrast underscores the company's struggles, particularly as it has underperformed the market significantly over the past year, despite the broader market (BSE500) generating negative returns of only -2.52%. The company's weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of -1.49, further compounds the negative sentiment surrounding the stock, making it a risky investment in the current market environment.