Why is Artificial Elect falling/rising?

As of 30-Jun, Artificial Electronics Intelligent Material Ltd is experiencing a decline in its stock price, currently at Rs 153.80, which reflects a decrease of 8.05 points or 4.97%. The stock has been on a downward trend, having fallen for 17 consecutive days, resulting in a total decline of 57.65% during this period. It opened today with a loss of 4.97% and has not traded outside this price range. Additionally, the stock has underperformed its sector by 5.23%. In terms of returns, the stock has significantly lagged behind the benchmark, with a 1-week return of -22.56% compared to the Sensex's gain of 2.09%, and a staggering 1-month return of -51.92% against a 2.65% increase in the benchmark.
In the broader market context, the stock's performance contrasts sharply with the overall market, which has shown positive growth. Despite the company's impressive long-term growth metrics, such as a 974.10% annual increase in net sales and a 277.00% rise in operating profit, it faces challenges due to poor management efficiency, indicated by a low return on equity of 5.37%. The stock's high valuation, reflected in a price-to-book ratio of 8.3, further complicates its attractiveness to investors. While there has been rising investor participation, as evidenced by a 45.05% increase in delivery volume, the persistent decline in stock price suggests that investor sentiment remains cautious amid these financial indicators.