Why is Asahi Songwon falling/rising?

As of 15-Sep, Asahi Songwon Colors Ltd is experiencing a decline in its stock price, currently at 280.05, which reflects a decrease of 6.95 or 2.42%. The stock has underperformed its sector by 3.92% today and has been on a downward trend, losing 3.08% over the last two days. Although it opened with a gain of 4.53% and reached an intraday high of Rs 300, it also touched a low of Rs 276.6, indicating high volatility with an intraday fluctuation of 6.49%. Over the past week, the stock has dropped by 3.40%, and its year-to-date performance shows a significant decline of 24.79%. Despite a notable increase in profits by 163.2% over the past year, the stock has generated a return of -44.43%, which, combined with a weak long-term fundamental strength and a high Debt to EBITDA ratio, contributes to its current negative movement.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 1.24% over the past week and 4.67% year-to-date. This underperformance is further highlighted by the stock's negative returns over various periods, including a 44.43% decline over the last year, while the benchmark has only decreased by 1.33%. The company's weak long-term growth prospects, as evidenced by a low average Return on Capital Employed (ROCE) and poor operating profit growth, further exacerbate investor concerns, leading to a lack of confidence in the stock's recovery potential.