Why is Ashima falling/rising?

As of 18-Sep, Ashima Ltd's stock price is currently at 23.66, reflecting a decline of 0.79 or 3.23%. The stock has underperformed its sector by 3.43% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 1.21%, and it has seen a significant drop of 27.20% year-to-date. The company has reported negative results for the last three consecutive quarters, with net sales declining by 93.80% and a negative EBITDA, indicating weak long-term fundamental strength. Additionally, the company's ability to service its debt is poor, as evidenced by a negative EBIT to Interest ratio, and it has generated a low return on equity of 4.19%, which signifies low profitability.
In the broader market context, while the Sensex has gained 1.80% over the past week and 2.14% over the past month, Ashima Ltd has continued to struggle, reflecting a stark contrast to the benchmark's performance. The stock's year-on-year return of -33.20% significantly underperformed the market, which only fell by 1.96% during the same period. Although there has been a rise in investor participation with a 24.05% increase in delivery volume, the overall negative financial indicators and recent performance suggest that the stock remains under pressure, leading to its current decline.