Why is Ashapura Minech. falling/rising?

As of 26-Aug, Ashapura Minechem Ltd's stock price is currently at 485.20, reflecting an increase of 1.75, or 0.36%. Today's performance indicates a trend reversal as the stock has gained after four consecutive days of decline. Despite the mining and minerals sector experiencing a downturn of 2.1%, Ashapura Minechem has outperformed its sector by 2.3%. The stock has shown significant long-term growth, with a year-to-date return of 25.21% and a remarkable 48.67% return over the past year, supported by strong financial results, including a 144.14% growth in net sales and a 135.2% increase in profit before tax. However, there has been a notable decline in investor participation, with delivery volume falling by 27.1% against the five-day average.
Broader Market Context: In the short term, Ashapura Minechem's stock has underperformed compared to the benchmark Sensex, which has only declined by 1.05% over the past week, while the stock itself has dropped by 7.11%. This disparity highlights the stock's recent volatility despite its strong long-term performance. The company's healthy financial metrics, such as a low debt-equity ratio and a favorable PEG ratio of 0.1, suggest that it is trading at a discount compared to its peers, which may attract investors looking for value. Overall, while the stock is currently experiencing a slight rise, the broader market context and recent declines in investor participation indicate a cautious outlook.