Why is Ashima falling/rising?

As of 07-Jul, Ashima Ltd's stock price is currently at 29.70, reflecting an increase of 0.7 or 2.41%. Today's performance indicates that the stock has outperformed its sector by 3.07%. However, despite this short-term gain, the stock has shown a mixed performance over various periods, with a 1-week return of +1.19% but a significant decline of -36.74% over the past year. The stock is trading above its 5-day, 20-day, and 100-day moving averages, but below its 50-day and 200-day moving averages. The company faces challenges, including operating losses and a weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of 0.11. Additionally, the return on equity is low at 4.19%, and the stock has seen a drastic decline in net sales and profitability, contributing to its classification as a strong sell.
In the broader market context, while the BSE500 index has generated returns of 1.74% over the past year, Ashima Ltd has significantly underperformed with a return of -36.74%. This stark contrast highlights the company's struggles relative to the overall market. Furthermore, domestic mutual funds hold only a minimal stake of 0.01% in the company, suggesting a lack of confidence in its valuation or business prospects. The falling investor participation, indicated by a 38.95% drop in delivery volume, further underscores the challenges facing the stock, despite its recent uptick in price.