Why is Ashirwad Steels falling/rising?

As of 10-Sep, Ashirwad Steels & Industries Ltd is experiencing a decline in its stock price, currently at 31.00, reflecting a decrease of 0.1 or 0.32%. The stock has underperformed its sector by 0.43% today and has shown a trend reversal after two consecutive days of gains. In terms of returns, the stock has increased by 2.01% over the past week but has decreased by 1.52% over the last month and has a significant year-to-date decline of 28.54%. The company has weak long-term fundamentals, evidenced by a -24.72% CAGR growth in net sales over the last five years and a poor EBIT to interest ratio of -1.17, indicating challenges in servicing its debt. Additionally, the stock's return on equity is low at 1.68%, suggesting limited profitability.
Broader market context indicates that while the stock has shown some short-term resilience, it has significantly underperformed the broader market indices, such as the Sensex, which has risen by 1.06% over the past week. The stock's performance over the past year is particularly concerning, with a return of -21.30%, contrasting sharply with the Sensex's near flat performance of -0.61%. This underperformance, coupled with flat results in June and a valuation deemed very expensive relative to its peers, contributes to a negative outlook for the stock, reinforcing the sentiment that it is a strong sell.