Why is Asahi Songwon falling/rising?

As of 12-Sep, Asahi Songwon Colors Ltd is experiencing a decline in its stock price, currently at 287.00, which reflects a decrease of 1.95 or 0.67%. The stock has underperformed its sector by 0.55% today and has fallen after two consecutive days of gains. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 2.71%, and its year-to-date performance shows a significant drop of 22.92%. Despite a notable increase in profits by 163.2% over the past year, the stock has generated a return of -43.84%, indicating a disconnect between profitability and stock performance. The company has an attractive valuation with a low PEG ratio of 0.1, but it also faces challenges such as a weak long-term fundamental strength and a high Debt to EBITDA ratio, contributing to its recent price movement.
In the broader market context, the Sensex has shown a positive return of 1.48% over the past week, contrasting sharply with Asahi Songwon's decline. This underperformance is further emphasized by the stock's negative returns over various periods, including a 1-month decline of 8.66% and a 3-year drop of 8.66%, while the benchmark has gained 36.25% in the same timeframe. The stock's liquidity is adequate for trading, but the overall market sentiment appears to favor other investments, as evidenced by the stock's significant underperformance relative to the broader market indices.