Why is Aion-Tech Soluti falling/rising?

As of 04-Sep, Aion-Tech Solutions Ltd is experiencing a price increase, currently at Rs 68.07, reflecting a rise of Rs 1.07 or 1.6%. Today's performance indicates a trend reversal as the stock has gained after two consecutive days of decline and has outperformed its sector by 2.4%. Despite this uptick, the stock has shown a significant decline over the past month, down 11.88%, and a staggering 42.87% over the past year. The company is facing challenges, including operating losses and a weak ability to service its debt, which contributes to its overall weak long-term fundamental strength. The recent negative financial results, including a substantial fall in profit before tax and net profit, further underscore the stock's volatility and risk.
In the broader market context, the stock's short-term performance contrasts with the benchmark Sensex, which has increased by 0.80% over the past week. While Aion-Tech's stock has shown a slight recovery today, it has underperformed significantly compared to the market over the past year, where the benchmark has only declined by 1.98%. This disparity highlights the stock's ongoing struggles, as it has not only failed to keep pace with the market but has also seen a dramatic drop in value relative to the broader market's performance.