Why is Ashnoor Textile falling/rising?

As of 23-Sep, Ashnoor Textile Mills Ltd is experiencing a decline in its stock price, currently at Rs 49.32, reflecting a decrease of Rs 1.04 or 2.07%. Today's price summary indicates that the stock opened with a gain of 2.66% but has since fallen after three consecutive days of gains, reaching an intraday low of Rs 48.05. Despite a positive performance over the past week and month, with returns of 6.98% and 7.22% respectively, the stock has underperformed its sector by 1.45% today. The company has a very attractive valuation with a return on capital employed (ROCE) of 10.6 and a low PEG ratio of 0.1, indicating potential for growth despite a weak long-term fundamental strength characterized by a 7.96% CAGR growth in net sales over the last five years and a high debt to EBITDA ratio of 3.35 times.
In the broader market context, while Ashnoor Textile has shown positive short-term returns, the benchmark Sensex has seen a slight decline of 0.34% over the past week. The stock's year-to-date performance is notably poor, with a drop of 30.55%, contrasting with the Sensex's gain of 5.07%. This disparity highlights the challenges faced by Ashnoor Textile in the current market environment, despite some positive indicators such as rising investor participation and a significant increase in delivery volume. Overall, the combination of recent price movements, attractive valuation metrics, and underlying financial challenges contributes to the current downward trend in the stock's price.