Why is Ashima falling/rising?

As of 04-Nov, Ashima Ltd's stock price is currently at 21.00, reflecting a decrease of 0.82, or 3.76%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 4.2% during this period. Additionally, Ashima is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 4.55%, while its year-to-date performance shows a significant decline of 35.38%. Despite these negative trends, there has been a notable increase in investor participation, with delivery volume rising by 76.33% compared to the 5-day average, suggesting some interest in the stock despite its recent poor performance.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 2.77% over the past month, Ashima's stock has declined by 7.77%, highlighting its underperformance relative to the broader market. The Sensex has also shown a positive return of 6.81% year-to-date, contrasting sharply with Ashima's substantial decline. This disparity indicates that while the overall market is experiencing growth, Ashima is struggling, which may be contributing to investor sentiment that is currently negative towards the stock.