Why is Ajooni Biotech falling/rising?

As of 12-Sep, Ajooni Biotech Ltd's stock price is currently at Rs 5.15, reflecting a decrease of Rs 0.01 or 0.19%. The stock has underperformed in today's trading, falling short of sector performance by 0.48%. It is also trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 1.15%, and it has seen a significant drop of 50.19% over the past year. Despite declaring positive results for the last four consecutive quarters, including a 67.58% growth in PAT and higher net sales, the stock's long-term fundamentals are weak, with a low return on capital employed and poor debt servicing ability, contributing to its recent price decline.
In the broader market context, Ajooni Biotech's performance has lagged behind the benchmark Sensex, which has gained 1.51% over the past week and 2.56% over the past month. The stock's year-to-date return is down 33.72%, while the Sensex has increased by 6.21% in the same period. This stark contrast highlights the challenges Ajooni Biotech faces in attracting investor confidence, especially given its significant underperformance compared to the broader market over the last three years, where it has generated negative returns while the benchmark has seen substantial gains.