Why is Allied Digital falling/rising?

As of 12-Sep, Allied Digital Services Ltd is experiencing a slight increase in its stock price, currently at 165.40, with a change of 0.2 (0.12%) upward. The stock's performance today is in line with its sector, and it is trading higher than its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages. Notably, there has been a rise in investor participation, with delivery volume increasing by 55.59% against the 5-day average. However, the company faces challenges, including a poor long-term growth outlook, as evidenced by a 72.15% decline in PAT over the last six months and a low return on capital employed (ROCE) of 9.91%. Additionally, the stock is trading at a premium compared to its peers, and domestic mutual funds hold no stake in the company, indicating a lack of confidence in its valuation.
In the broader market context, the stock has underperformed relative to the benchmark, with a year-to-date return of -29.62% compared to the Sensex's gain of 4.82%. Over the past year, Allied Digital has generated a return of -45.86%, significantly lagging behind the BSE500. While the stock has shown some short-term resilience, the overall trend remains concerning due to its poor long-term performance and declining profits, which may deter potential investors.