Why is Ashoka Buildcon falling/rising?

As of 29-Aug, Ashoka Buildcon Ltd. is currently priced at 173.00, reflecting a decrease of 1.1 (-0.63%). The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 5.59% during this period. Additionally, the stock has shown a significant drop of 14.42% over the past month and 44.43% year-to-date, while it has underperformed the sector by 0.79% today. Despite these declines, the company has demonstrated strong management efficiency with a high return on capital employed (ROCE) of 30.91%, and it has reported positive results for the last six consecutive quarters, indicating healthy long-term growth potential.
Broader market context reveals that Ashoka Buildcon's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 1.84% over the past week and 1.88% over the past month. This stark difference highlights the stock's struggles in the current market environment. While the company has a high institutional holding of 21.46% and a favorable valuation compared to its peers, the recent price movement suggests that investor sentiment may be cautious, possibly due to the stock's significant underperformance over the past year, where it has generated a return of -25.16%.