Why is Ashish Polyplast falling/rising?

As of 25-Aug, Ashish Polyplast Ltd's stock price is currently at Rs 36.70, reflecting a decline of Rs 1.1 or 2.91%. The stock has underperformed its sector by 3.16% today, opening with a loss of 4.76% and touching an intraday low of Rs 36. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 35.67% compared to the 5-day average. Over the past month, the stock has decreased by 8.71%, and it has seen a substantial year-to-date decline of 32.04% and a one-year drop of 47.07%, suggesting ongoing challenges for the company.
In the broader market context, while the Sensex has shown a slight increase of 0.21% over the past month, Ashish Polyplast's performance has been notably weaker, indicating a divergence from the overall market trend. The stock's recent performance contrasts sharply with the benchmark, particularly in the longer term, where it has fallen significantly compared to the Sensex's 4.48% gain year-to-date. This underperformance may reflect underlying issues specific to Ashish Polyplast, which are not detailed in the available positive and negative factors, but the overall market's stability suggests that the company's challenges are more pronounced than those faced by the broader market.