Why is Ashish Polyplast falling/rising?

As of 17-Sep, Ashish Polyplast Ltd is experiencing a decline in its stock price, currently at Rs 41.32, which reflects a decrease of Rs 2.08 or 4.79%. The stock has underperformed its sector by 4.18% today, following a trend reversal after three consecutive days of gains. It reached an intraday high of Rs 45 but also touched a low of Rs 41.11. Despite a significant increase in delivery volume, which rose by 255.98% against the 5-day average, the stock's long-term fundamentals remain weak, with a low Return on Capital Employed (ROCE) of 4.30% and a concerning EBIT to Interest ratio of 0.27. Over the past year, the stock has generated a return of -29.49%, significantly underperforming the market, where the BSE500 index fell by only -2.63%.
In the broader market context, while Ashish Polyplast has shown positive short-term returns, with a 12.96% increase over the past week and 14.78% over the past month, its year-to-date performance is notably poor at -23.48%. This stark contrast highlights the stock's struggles compared to the benchmark, which has seen a 5.83% increase year-to-date. The company's flat results in June and a substantial profit decline of -65% over the past year further contribute to investor concerns, leading to its current price drop. Overall, the combination of weak fundamentals and recent price movements indicates a challenging environment for Ashish Polyplast Ltd.