Why is Ashoka Buildcon falling/rising?

As of 05-Sep, Ashoka Buildcon Ltd. is currently priced at Rs 185.75, reflecting a decline of Rs 4.35 or 2.29%. The stock has been underperforming, having fallen for the last two consecutive days with a total decline of 3.2%. Today's performance indicates that it underperformed its sector by 1.88%. Additionally, the stock's returns over the past week show a gain of 7.37%, but it has decreased by 5.69% over the past month and has a year-to-date decline of 40.33%. Despite these recent challenges, the company has demonstrated strong management efficiency with a high return on capital employed (ROCE) of 30.91% and has reported positive results for the last six consecutive quarters, which may provide some underlying support for the stock.
In the broader market context, while Ashoka Buildcon's short-term performance has been volatile, the benchmark Sensex has only seen a slight increase of 1.13% over the past week. This indicates that the stock's recent decline is not entirely reflective of broader market trends. The company's strong fundamentals, including a significant growth in net sales and operating profit, alongside a low debt-equity ratio, suggest potential for recovery. However, the falling investor participation, as evidenced by a 31.88% drop in delivery volume, may be contributing to the stock's current downward pressure. Overall, while the stock has attractive long-term growth prospects, its recent performance is being impacted by short-term market dynamics and investor sentiment.