Why is Ashirwad Steels falling/rising?

As of 23-Sep, Ashirwad Steels & Industries Ltd is experiencing a decline in its stock price, currently at 31.00, reflecting a decrease of -0.26 or -0.83%. The stock has underperformed its sector today by -2.12% and has been on a consecutive downward trend for the last two days, resulting in a total decline of -2.52% over that period. In terms of longer-term performance, the stock has generated a return of -19.17% over the past year and has shown weak long-term fundamental strength, with a -24.72% CAGR growth in net sales over the last five years. Additionally, the company's ability to service its debt is concerning, as indicated by a poor EBIT to Interest ratio of -1.17 and a low return on equity of 1.68%, which signifies low profitability per unit of shareholders' funds.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has declined by -2.52% over the past week while the Sensex has only fallen by -0.34%. This underperformance is compounded by a significant drop in investor participation, with delivery volume falling by -25.91% against the five-day average. The stock is also trading at a fair value compared to its peers, but with a very expensive valuation based on its low return on equity. Overall, the combination of weak financial fundamentals, declining investor interest, and poor recent performance relative to the benchmark contributes to the stock's downward trajectory.