Why is Ashoka Buildcon falling/rising?

As of 22-Aug, Ashoka Buildcon Ltd. is currently priced at 182.30, reflecting a decrease of 1.0, or 0.55%. The stock has been experiencing a downward trend, having fallen for the last two days with a total decline of 1.51% in that period. Despite this recent decline, the stock has shown a positive performance over the past week, gaining 2.68%, although it has underperformed over the past month with a drop of 10.46%. The company has demonstrated strong fundamentals, including a high return on capital employed (ROCE) of 30.91% and consistent net profit growth, which may suggest that the stock is undervalued compared to its peers. However, the recent price movement indicates that investor sentiment may be cautious despite these positive indicators.
In the broader market context, while Ashoka Buildcon's short-term performance has been positive relative to the benchmark Sensex over the past week, it has significantly lagged behind in the longer term, with a year-to-date decline of 41.44% compared to the Sensex's gain of 4.05%. This stark contrast highlights the challenges the company faces in regaining investor confidence, despite its healthy long-term growth metrics and high institutional holdings at 21.46%. The stock's liquidity remains adequate, which may provide some support, but the overall market sentiment appears to be weighing on its recent price movements.