Why is Ashoka Buildcon falling/rising?

As of 21-Aug, Ashoka Buildcon Ltd. is experiencing a decline in its stock price, currently at 183.30, which reflects a decrease of 1.8 or 0.97%. The stock has underperformed its sector by 1.52% today and has reversed its trend after three consecutive days of gains. In terms of performance against benchmarks, the stock has shown a 1-week return of +3.24%, but it has significantly underperformed over the longer term with a year-to-date decline of -41.12%. Despite this, the company has demonstrated high management efficiency with a return on capital employed (ROCE) of 30.91% and has reported positive results for the last six consecutive quarters, indicating strong fundamentals that support its valuation.
In the broader market context, while Ashoka Buildcon's short-term performance has been positive relative to the Sensex over the past week, the stock's year-to-date performance starkly contrasts with the benchmark's gain of +4.94%. The stock's liquidity remains adequate, with a delivery volume increase of 31.21% against the 5-day average, suggesting rising investor participation. However, the overall negative sentiment surrounding the stock, reflected in its significant year-to-date decline, may overshadow its positive financial indicators, such as a low debt-equity ratio and high institutional holdings at 21.46%. This combination of factors contributes to the current downward movement in the stock price.