Why is AKG Exim falling/rising?

As of 28-Jul, AKG Exim Ltd is experiencing a decline in its stock price, currently at 12.68, reflecting a decrease of 0.29 or 2.24%. The stock has underperformed its sector by 1.3% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, investor participation has fallen significantly, with delivery volume dropping by 53.71% against the 5-day average. Over the past week, the stock has decreased by 9.04%, and it has shown a substantial decline of 43.67% over the past year, indicating a consistent underperformance against the benchmark. The company's negative financial results over the last five quarters, along with a significant drop in profits and a weak return on equity, further contribute to the stock's downward trend.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with a 1-week decline of 9.04% compared to the Sensex's drop of only 1.63%. This consistent underperformance highlights the challenges faced by AKG Exim Ltd, particularly in light of the company's weak long-term fundamentals and decreasing promoter confidence, as evidenced by a 13.89% reduction in their stake. The stock's valuation may appear attractive compared to peers, but the ongoing negative trends in sales and profitability suggest that investors remain cautious, leading to a lack of confidence in the stock's future performance.