Why is Azad India falling/rising?

As of 23-Jul, Azad India Mobility Ltd is currently priced at 138.00, with no change in price (0.00%). The stock has shown a performance today that outperformed its sector by 1.19%. However, over the past week, it has declined by 0.72%, and in the last month, it has decreased by 3.50%. Despite a year-to-date increase of 5.50%, the stock has underperformed significantly over the past year, with a return of -15.52%. The stock is currently trading above its 100-day moving average but below its 5-day, 20-day, 50-day, and 200-day moving averages. High institutional holdings at 65.74% suggest that knowledgeable investors are involved, but the stock's negative EBITDA and flat results in March indicate underlying financial challenges that may be affecting investor sentiment.
In the broader market context, the stock's recent performance contrasts with the benchmark, as the Sensex has gained 0.11% over the past week and 1.01% over the past month. The stock's significant underperformance over the past year, compared to the market's 2.86% return, highlights its struggles. While the rising investor participation, indicated by a 219.88% increase in delivery volume, suggests some interest, the overall negative returns and risky trading conditions may overshadow these positive signs, contributing to a cautious outlook among investors.