Why is Ashoka Metcast falling/rising?

As of 25-Sep, Ashoka Metcast Ltd is experiencing a decline in its stock price, currently at 17.09, which reflects a decrease of 0.74 or 4.15%. The stock has underperformed its sector by 2.02% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 4.31% during this period. Over the past week, the stock has dropped by 10.99%, while its one-month performance shows a slight increase of 1.36%. Despite a strong five-year return of 754.50%, the company has faced significant challenges, including a weak long-term fundamental strength with a -24.25% CAGR growth in operating profits over the last five years. The recent financial results indicate a troubling trend, with net sales declining by 76.43% and profit after tax down by 67.19%, contributing to the stock's negative performance.
In the broader market context, the Sensex has decreased by 2.23% over the past week, indicating that while Ashoka Metcast is underperforming, the overall market is also facing downward pressure. The stock's year-to-date performance shows a significant decline of 27.83%, contrasting sharply with the Sensex's increase of 3.87% during the same period. The falling investor participation, evidenced by a 92.13% drop in delivery volume compared to the five-day average, suggests a lack of confidence among investors, further exacerbating the stock's decline. Despite a favorable valuation indicated by a low PEG ratio of 0.3 and rising profits, the negative sales growth and profitability issues are overshadowing these positives, leading to a bearish sentiment around the stock.