Why is Alphageo (India) falling/rising?

As of 22-Sep, Alphageo (India) Ltd is experiencing a decline in its stock price, currently at 255.20, which reflects a decrease of 12.05 or 4.51%. The stock has been underperforming, having lost 9.7% over the last three days and is trading below all key moving averages. Despite opening with a gain of 2.11% today and reaching an intraday high of Rs 272.9, it fell to a low of Rs 255.2. The stock has shown weak long-term fundamentals, with a low return on equity of 2.63% and negative EBITDA, indicating poor financial health. Additionally, the company has reported flat results and a significant decline in profits, which has contributed to its recent price movement.
In the broader market context, Alphageo's short-term performance has been notably poor compared to the benchmark, with a 1-week return of -5.57% against a positive return of +0.46% for the Sensex. This underperformance is compounded by a decrease in investor participation, as evidenced by a 27.65% drop in delivery volume. The stock's long-term performance is also concerning, with a year-to-date decline of 42.13% compared to a 5.15% increase in the benchmark. Overall, the combination of weak financial indicators and significant underperformance relative to the market has led to the current downward trend in Alphageo's stock price.