Why is AKI India falling/rising?

As of 04-Sep, AKI India Ltd's stock price is currently at 9.20, reflecting a decrease of 0.25, or 2.65%. The stock has underperformed its sector today, and this decline follows a trend reversal after two consecutive days of gains. It is trading below all its moving averages, indicating a bearish trend. Additionally, the stock has shown significant underperformance over various periods, with a 1-month return of -15.90% and a staggering 1-year return of -57.01%. The company's fundamentals are weak, characterized by operating losses, a high Debt to EBITDA ratio of 7.50, and low profitability as evidenced by a Return on Equity of only 3.83%. Furthermore, there has been a notable decline in investor participation, with delivery volume falling by 86.96% against the 5-day average, and institutional investors reducing their stake by 0.51%.
In the broader market context, while the benchmark Sensex has shown a slight increase of 0.80% over the past week, AKI India Ltd has experienced a decline of 1.50% in the same timeframe, highlighting its poor performance relative to the market. The stock's significant drop over the past year, compared to the market's negative return of -1.98%, further emphasizes its struggles. The overall market conditions have not favored AKI India, as it continues to face challenges that deter investor confidence and participation, leading to its current downward price movement.