Why is Ashoka Buildcon falling/rising?

As of 11-Aug, Ashoka Buildcon Ltd. is experiencing a decline in its stock price, currently at Rs 184.05, which reflects a decrease of Rs 8.25 or 4.29%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 7.56% over the past week. Today, it opened with a loss of 2.05% and reached an intraday low of Rs 180.4, indicating significant downward pressure. Despite some positive indicators such as high management efficiency and healthy long-term growth in operating profit, the stock's performance has been overshadowed by its high debt levels, as evidenced by a Debt to Equity ratio of 3.44 times, and a substantial underperformance relative to the market over the past year, with a return of -22.89%.
In the broader market context, Ashoka Buildcon's short-term performance has significantly lagged behind the benchmark, with a 1-week return of -7.56% compared to the Sensex's decline of only 0.51%. This stark contrast highlights the stock's struggles in a challenging market environment. While the company has shown strong fundamentals, including a high return on capital employed and positive quarterly results, the persistent high debt and recent stock price trends suggest that investor sentiment remains cautious, contributing to the ongoing decline in its stock price.