Why is Asahi Songwon falling/rising?

As of 16-Sep, Asahi Songwon Colors Ltd is currently priced at 284.80, reflecting an increase of 4.75 or 1.7%. The stock has shown a trend reversal by gaining after two consecutive days of decline, outperforming its sector by 0.66%. Despite this positive movement today, the stock has underperformed over the past week, month, and year, with returns of -0.33%, -10.44%, and -45.17%, respectively. The stock is trading below its moving averages, indicating a bearish trend, but there has been a notable increase in investor participation, with delivery volume rising by 108.07% compared to the five-day average. The company's attractive valuation, with a PEG ratio of 0.1 and a significant profit increase of 163.2% over the past year, contrasts with its weak long-term fundamentals, including a high Debt to EBITDA ratio and poor growth in operating profit.
In the broader market context, the Sensex has shown a positive return of 1.58% over the past week, highlighting that Asahi Songwon's recent performance is not in line with the overall market trend. The stock's significant underperformance over longer periods, including a -23.51% return year-to-date compared to the Sensex's +5.43%, suggests that while there may be short-term gains, the long-term outlook remains concerning. This divergence indicates that investor sentiment may be cautious, influenced by the company's weak fundamentals and historical performance, despite today's positive price movement.