Why is Airo Lam falling/rising?

As of 02-Sep, Airo Lam Ltd is experiencing a decline in its stock price, currently at 106.65, reflecting a decrease of 1.78 or 1.64%. The stock has underperformed its sector by 2.7% today, and its delivery volume has significantly dropped by 74.26% compared to the 5-day average, indicating falling investor participation. Over the past year, the stock has generated a return of -18.79%, while its profits have plummeted by 71.5%. Despite having an attractive valuation with a return on capital employed (ROCE) of 5 and trading at a discount compared to peers, the company faces weak long-term fundamentals, including a -27.46% compound annual growth rate (CAGR) in operating profits over the last five years and a high debt-to-EBITDA ratio of 2.66 times.
In the broader market context, Airo Lam's performance has been notably worse than the benchmark, as the Sensex has shown a slight gain of 0.06% over the past month while Airo Lam has declined by 2.45%. This underperformance is further highlighted by the stock's year-to-date return of -17.40%, contrasting sharply with the Sensex's positive return of 3.95%. The overall market has generated negative returns of -4.82% in the last year, yet Airo Lam's decline has been significantly steeper, reinforcing the perception of its weak market position and contributing to the downward pressure on its stock price.