Why is Asahi Songwon falling/rising?

As of 19-Sep, Asahi Songwon Colors Ltd is currently priced at 283.20, reflecting an increase of 0.7 or 0.25%. Despite this slight uptick, the stock has underperformed its sector by 0.83% today, following two consecutive days of decline. Over the past week, the stock has decreased by 1.32%, and it has shown a significant drop of 42.79% over the past year. The stock is trading below all key moving averages, indicating a bearish trend, and there has been a notable decline in investor participation, with delivery volume falling by 55.75% compared to the five-day average. While the company has an attractive valuation with a return on capital employed (ROCE) of 9 and a low PEG ratio of 0.1, it also faces challenges such as a high debt to EBITDA ratio and weak long-term growth, which contribute to its overall negative performance.
In the broader market context, the Sensex has increased by 0.88% over the past week, contrasting sharply with Asahi Songwon's decline. This divergence highlights the stock's underperformance relative to the benchmark, as it has not only lagged behind in the short term but also in longer time frames, with a year-to-date return of -23.94% compared to the Sensex's gain of 5.74%. The company's flat results in recent quarters and the overall poor long-term growth prospects further exacerbate its struggles, making it a less favorable option for investors in the current market environment.