Why is All E Tech falling/rising?

As of 30-Sep, All E Technologies Ltd is experiencing a decline in its stock price, currently at Rs. 264.50, reflecting a decrease of Rs. 6.4 or 2.36%. The stock has hit a new 52-week low of Rs. 262 today and has underperformed its sector by 2%. Over the past week, the stock has dropped by 6.52%, and its performance over the last month shows a significant decline of 14.80%. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. Despite a low debt-to-equity ratio and healthy long-term growth in operating profit, the recent flat quarterly results and a significant drop in investor participation, with delivery volume falling by 37.01%, have contributed to the stock's downward movement.
In the broader market context, the stock's short-term performance has been worse than the benchmark, with the Sensex declining by only 2.22% over the same week. This underperformance is further highlighted by the stock's year-to-date return of -49.29%, contrasting sharply with the Sensex's gain of 4.09%. The company's recent financial results, which showed a decline in profit after tax and other key metrics, have raised concerns among investors, leading to a lack of confidence in the stock's recovery potential. Overall, the combination of poor recent performance, negative investor sentiment, and underwhelming quarterly results has resulted in the stock's continued decline.