Why is Asahi Songwon falling/rising?

As of 11-Nov, Asahi Songwon Colors Ltd is experiencing a decline in its stock price, currently at Rs. 255.00, which reflects a decrease of Rs. 11.8 or 4.42%. The stock has hit a new 52-week low of Rs. 246.9 today and has underperformed its sector by 4.05%. Over the past five days, the stock has consistently fallen, resulting in a total decline of 10.35%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased by 5.73% compared to the 5-day average, suggesting a drop in investor participation. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.
In the broader market context, Asahi Songwon's performance has been notably poor compared to the benchmark Sensex, which has gained 0.49% over the past week while Asahi Songwon has declined by 9.43%. This trend continues over longer periods, with the stock down 31.52% year-to-date, contrasting sharply with the Sensex's 7.34% increase. The significant underperformance against the benchmark indicates a lack of investor confidence and market interest in Asahi Songwon, contributing to its ongoing price decline.