Why is Artificial Elect falling/rising?

As of 26-Aug, Artificial Electronics Intelligent Material Ltd is experiencing a decline in its stock price, currently at Rs 92.00, which represents a decrease of Rs 1.4 or 1.5%. The stock has underperformed its sector by 1% today and has seen a trend reversal after two consecutive days of gains. It opened with a loss of 2% and reached an intraday low of Rs 90.51, indicating significant selling pressure. Over the past week, the stock has dropped by 5.64%, and its year-to-date performance shows a staggering decline of 75.97%. Despite positive financial results in recent quarters, including a substantial increase in net sales and operating profit, the stock's low return on equity of 5.00% and high valuation metrics have raised concerns among investors, contributing to its recent price movement.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has only declined by 1.05% over the same week. This underperformance is further highlighted by the stock's negative returns over the past month and year, where it has lost 13.33% and 29.73%, respectively, while the benchmark has remained relatively stable. The company's liquidity appears sufficient for trading, but falling investor participation, as indicated by a 42% drop in delivery volume, suggests waning interest. Overall, the combination of poor management efficiency, high valuation, and underperformance relative to the market has led to a negative sentiment surrounding the stock, contributing to its current decline.