Why is Ashoka Buildcon falling/rising?

As of 13-Aug, Ashoka Buildcon Ltd. is currently priced at 178.50, reflecting a decrease of 1.3, or 0.72%. The stock has been underperforming, having fallen consecutively for the last seven days, resulting in a total decline of 10.35% during this period. In terms of returns, the stock has decreased by 12.93% over the past month and 42.66% year-to-date, while it has underperformed the sector by 0.75% today. Despite these declines, the company has shown strong fundamentals, including a high return on capital employed (ROCE) of 30.91% and consistent growth in net sales and operating profit. Additionally, the stock is trading at a discount compared to its peers, and institutional holdings are robust at 21.46%, indicating confidence from larger investors.
Broader market context shows that while Ashoka Buildcon has struggled, the benchmark Sensex has remained relatively stable, with a minimal decline of 0.01% over the past week and a slight drop of 2.38% over the past month. This stark contrast highlights the stock's significant underperformance compared to the broader market. The company's healthy long-term growth metrics and positive quarterly results suggest potential for recovery; however, the current price movement reflects investor caution amid recent losses and a downward trend in trading averages.