Why is Asahi India Glas falling/rising?

As of 04-Sep, Asahi India Glass Ltd is experiencing a decline in its stock price, currently at Rs 816.00, reflecting a decrease of Rs 27.2 or 3.23%. The stock has underperformed its sector by 1% today and has been on a downward trend for the last three days, accumulating a total decline of 5.12%. Additionally, the stock's performance over the past week shows a drop of 5.26%, while its one-month return is down by 1.72%. Despite a strong long-term growth trajectory, with an annual operating profit growth rate of 30.79%, recent financial metrics indicate challenges, including a significant drop in profit before tax and profit after tax compared to previous quarters. This has contributed to a perception of the stock being overvalued, despite its historical performance outpacing the broader market.
In the broader market context, the Sensex has shown a positive return of 0.80% over the past week, contrasting with Asahi India Glass's negative return during the same period. The stock's year-to-date performance remains strong at 7.00%, outpacing the Sensex's 3.30%, and it has delivered a notable 20.19% return over the past year, while the broader market has declined by 1.98%. However, the recent decline in investor participation, with a 36.8% drop in delivery volume compared to the five-day average, coupled with a sector-wide decrease of 2.2%, suggests a lack of confidence among investors, further pressuring the stock price.