Why is Asahi Songwon falling/rising?

As of 17-Sep, Asahi Songwon Colors Ltd is currently priced at 284.40, reflecting a decrease of 0.4, or 0.14%. The stock has underperformed its sector today by 0.77%, and 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 declined by 1.25%, and it has experienced a significant drop of 10.57% over the past month. Additionally, the stock has generated a return of -44.33% over the last year, while its profits have increased by 163.2%, indicating a low PEG ratio of 0.1. Despite an attractive valuation with a return on capital employed (ROCE) of 9, the company faces challenges such as a high debt to EBITDA ratio of 7.38 times and weak long-term growth, which contribute to its recent price decline.
In the broader market context, the Sensex has increased by 1.56% over the past week, contrasting sharply with Asahi Songwon's negative performance. The stock's liquidity remains adequate for trading, but a significant drop in delivery volume by 57.79% against the 5-day average suggests waning investor interest. The company's poor financial results, including a 47.1% decline in profit before tax and a 36% decrease in profit after tax compared to previous quarters, further exacerbate its underperformance relative to the benchmark indices. Overall, the combination of weak short-term performance, declining investor participation, and unfavorable financial metrics contributes to the stock's downward trajectory.