Why is Ashnisha Indus. falling/rising?

As of 05-Sep, Ashnisha Industries Ltd is currently priced at 2.99, reflecting a slight increase of 0.01 or 0.34%. The stock has been gaining for the last three days, with a total return of 1.7% during this period. However, despite this recent uptick, the stock has underperformed significantly over the longer term, with a year-to-date decline of 31.11% and a staggering 47.36% drop over the past year. The company is facing operational challenges, including reported operating losses and negative returns on capital employed (ROCE), which contribute to its weak long-term fundamental strength. Additionally, the stock's liquidity is adequate for trading, but there has been a notable decrease in investor participation, with delivery volume falling by 27.31% against the five-day average.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has gained 1.13% over the past week. While Ashnisha Industries has shown a modest recovery in the short term, its long-term performance remains concerning, especially given that it has underperformed the market significantly over the past year. The overall market has experienced a negative return of 4.41%, yet Ashnisha's decline has been much steeper, indicating a lack of investor confidence and highlighting the risks associated with the company's financial health.