Why is Aptech falling/rising?

As of 25-Aug, Aptech Ltd's stock price is currently at 129.60, reflecting a decrease of 0.45, or 0.35%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 2.96% during this period. Additionally, Aptech's performance over the past week and month shows a slight decline of 0.12% and a more significant drop of 5.12%, respectively. The stock is trading below its moving averages across various time frames, indicating a bearish trend. Despite a high dividend yield of 3.5%, the company has faced challenges, including a 45.18% decline in returns over the past year and a significant drop in profits by 27.5%. The low stake held by domestic mutual funds may suggest a lack of confidence in the stock's current valuation.
In the broader market context, Aptech's recent performance contrasts sharply with the Sensex, which has gained 0.45% over the past week and 0.21% over the past month. This underperformance is further highlighted by the stock's negative returns over the past three years, one year, and three months compared to the BSE500. The company's low debt-to-equity ratio and healthy long-term growth in operating profit are positive indicators; however, the flat results reported in June and the high proportion of non-operating income relative to profit before tax raise concerns about its operational efficiency. Overall, the combination of poor short-term performance, declining profits, and lack of institutional support contributes to the stock's downward trajectory.