Why is Ashish Polyplast falling/rising?

As of 09-Sep, Ashish Polyplast Ltd is currently priced at 36.20, reflecting a slight increase of 0.15 (0.42%). Despite this minor uptick, the stock has shown a negative performance trend, with a 1-week return of -4.23% and a year-to-date decline of -32.96%. The stock is trading below its moving averages across various time frames, indicating a bearish sentiment. However, there has been a notable increase in investor participation, with delivery volume rising by 39.3% against the 5-day average. The company's fundamentals are concerning, highlighted by a weak Return on Capital Employed (ROCE) of 4.29% and a significant drop in profits by -65% over the past year, which contributes to its classification as a strong sell.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as the Sensex has gained 1.18% over the past week and 3.79% year-to-date. This underperformance against the benchmark reflects ongoing challenges for Ashish Polyplast, which has consistently lagged behind broader market indices over various periods, including a -43.59% return in the last year. The company's weak long-term growth prospects and high valuation relative to peers further exacerbate its struggles, suggesting that while there may be short-term fluctuations, the overall outlook remains negative.