Why is Ashoka Buildcon falling/rising?

As of 14-Aug, Ashoka Buildcon Ltd. is currently priced at 177.55, reflecting a decrease of 0.95, or 0.53%. The stock has been on a downward trend, losing value for the last eight consecutive days, resulting in a total decline of 10.82% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has experienced a significant decline of 9.30%, and its year-to-date performance shows a stark drop of 42.96%. Despite these negative movements, the company has demonstrated high management efficiency with a return on capital employed (ROCE) of 30.91%, and it has reported positive results for the last six consecutive quarters, indicating strong fundamentals that may support its valuation in the long term.
In the broader market context, Ashoka Buildcon's recent performance contrasts sharply with the Sensex, which has only declined by 0.03% over the same week. The stock's substantial short-term losses highlight a divergence from the benchmark, suggesting that investor sentiment may be more negative towards Ashoka Buildcon compared to the overall market. However, the company benefits from high institutional holdings at 21.46%, which may provide some stability and confidence among investors. The stock's attractive valuation, trading at a discount compared to its peers, along with a PEG ratio of 0, indicates potential for recovery, but the current trend suggests that investors are cautious, leading to the observed price decline.