Why is Austin Engg Co falling/rising?

As of 10-Jul, Austin Engineering Company Ltd's stock price is currently at 143.05, reflecting a decrease of 0.95, or 0.66%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 3.34% during this period. It is also trading 4.93% away from its 52-week low and is below all key moving averages, indicating a bearish trend. Over the past year, the stock has generated a return of -36.14%, significantly underperforming compared to the benchmark Sensex, which has risen by 4.09%. While the company has a relatively attractive valuation with a low Price to Book Value and a slight profit increase of 4.4%, its weak long-term fundamentals, including a low Return on Equity (ROE) and poor sales growth, are contributing to the negative sentiment surrounding the stock.
Broader market context reveals that Austin Engineering has not only underperformed the market over the past year but also in the short term, with a 1-week return of -1.51% compared to the Sensex's slight decline of 0.06%. This underperformance is compounded by the company's weak financial metrics, including a low EBIT to Interest ratio and flat results in recent quarters, which raise concerns about its ability to sustain growth and service debt. Despite an increase in investor participation, as indicated by a rise in delivery volume, the overall market sentiment remains cautious, reflecting the stock's struggles against both its historical performance and broader market trends.