Why is Ashnisha Indus. falling/rising?

As of 08-Aug, Ashnisha Industries Ltd is currently priced at Rs 2.98, reflecting an increase of Rs 0.02 or 0.68%. The stock has shown a positive trend recently, gaining 1.36% over the past week and outperforming its sector by 2.44%. However, it remains 3.69% away from its 52-week low of Rs 2.87. Despite this recent uptick, the stock's performance over the longer term has been concerning, with a decline of 31.34% year-to-date and a significant drop of 48.80% over the past year. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 19.94% against the 5-day average, indicating potential challenges in sustaining this upward movement.
In the broader market context, Ashnisha Industries Ltd's recent performance contrasts with the benchmark Sensex, which has seen a decline of 0.92% over the past week. While the stock has managed to gain in the short term, its year-to-date performance is significantly worse than the Sensex's positive return of 2.20%. This disparity highlights the stock's struggles relative to the overall market, suggesting that while there may be short-term gains, the long-term outlook remains weak compared to broader market trends.