Why is Aion-Tech Soluti falling/rising?

As of 19-Sep, Aion-Tech Solutions Ltd is experiencing a decline in its stock price, currently at 67.83, reflecting a change of -0.17 (-0.25%). The stock has shown a trend reversal after two consecutive days of gains, indicating a potential shift in investor sentiment. Despite being higher than the 5-day moving averages, it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages. The stock's performance over the past week has been positive at +1.12%, but it has underperformed significantly over the past month and year, with returns of -5.66% and -34.94%, respectively. The company is facing operational losses and has a weak long-term fundamental strength, as evidenced by a poor EBIT to Interest ratio and low Return on Equity, which contribute to its negative performance.
In the broader market context, Aion-Tech Solutions Ltd has underperformed compared to the benchmark Sensex, which has returned +0.88% over the past week. The stock's recent decline is compounded by falling investor participation, with delivery volume decreasing by 17.41% against the 5-day average. Additionally, the company reported significant negative results, including a substantial drop in profit before tax and net profit, which further exacerbates its risk profile. Overall, the stock's weak fundamentals and negative earnings trends have led to a lack of investor confidence, resulting in its current downward movement.