Why is Azad Engineering falling/rising?

As of 28-Jul, Azad Engineering Ltd is experiencing a decline in its stock price, currently at Rs 1,495.00, which reflects a decrease of Rs 59.0 or 3.8%. The stock has been underperforming, having lost 8.62% over the last six days and is trading lower than all its moving averages. Additionally, it has underperformed its sector by 3.32% today. The stock's performance over the past week shows a decline of 7.72%, and it has also fallen 6.91% over the past month. Despite the company reporting positive results for the last five consecutive quarters and a healthy growth in net sales, the recent price movement indicates a lack of investor confidence, as evidenced by a decrease in delivery volume.
In the broader market context, the Sensex has only declined by 1.59% over the past week, suggesting that Azad Engineering's performance is significantly lagging behind the benchmark. While the company has a low debt-to-equity ratio and has shown healthy long-term growth, these positive factors have not been enough to counteract the recent negative sentiment surrounding the stock. The overall market conditions appear to be affecting investor participation negatively, contributing to the stock's downward trajectory.