Why is Ashnoor Textile falling/rising?

As of 23-Jun, Ashnoor Textile Mills Ltd is currently priced at 49.55, reflecting a decrease of 0.35, or 0.7%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 4.62%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a positive return of 9.92% over the past year, the stock's recent performance has been disappointing, with a 5.80% decline over the past week and a 5.53% drop over the past month. The company's valuation appears attractive with a ROCE of 11.1 and a low PEG ratio of 0.1, but it faces challenges such as weak long-term fundamental strength, evidenced by a low CAGR growth in net sales and a high Debt to EBITDA ratio of 3.35 times.
In the broader market context, Ashnoor Textile's recent performance contrasts sharply with the Sensex, which has seen a slight increase of 0.12% over the past week. This underperformance is further highlighted by the stock's 30.23% decline year-to-date compared to the Sensex's 4.81% gain. The stock's liquidity is adequate, with a delivery volume increase of 135.39% against the 5-day average, suggesting some investor interest. However, the flat results reported for the last quarter, including a significant drop in PAT and EPS, contribute to the negative sentiment surrounding the stock, reinforcing the perception that it may be a sell at this time.