Why is Ashima falling/rising?

As of 23-Sep, Ashima Ltd's stock price is currently at 23.56, reflecting a decrease of -0.11 or -0.46%. The stock has been experiencing a downward trend, having lost -3.68% over the last two days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by -18.02% compared to the 5-day average. Over the longer term, the stock has underperformed significantly, with a year-to-date decline of -27.51% compared to a +5.07% increase in the Sensex.
In the broader market context, Ashima's short-term performance has been weaker than the benchmark, as it has fallen -0.59% over the past week while the Sensex decreased only -0.34%. This underperformance is indicative of a challenging environment for the stock, particularly given its substantial declines over the past month and year. The overall market has shown some resilience, with the Sensex gaining +0.98% over the last month, contrasting sharply with Ashima's -9.80% return during the same period.