Why is Asi Industries falling/rising?

As of 12-Sep, Asi Industries Ltd is experiencing a decline in its stock price, currently at 31.29, reflecting a decrease of 0.72 or 2.25%. The stock has been underperforming significantly, having fallen consecutively for the last five days, resulting in a total decline of 12.65% over that period. Additionally, it is trading below all its moving averages, indicating a bearish trend. The delivery volume has also decreased sharply by 46.53% compared to the five-day average, suggesting a drop in investor participation. While the company has shown healthy long-term growth with a 40.33% annual increase in operating profit, it has faced negative results in its latest quarterly report, with net sales and profit after tax falling significantly. This has contributed to the stock's poor performance, as it has underperformed the market with a one-year return of -25.50% compared to the BSE500's -3.45%.
In the broader market context, while the Sensex has shown a positive return of 1.48% over the past week and 2.08% over the past month, Asi Industries' short-term performance starkly contrasts this trend. The stock's significant decline of 12.65% in the last week highlights its struggles relative to the benchmark. Despite the company's attractive valuation metrics, such as a low price-to-book ratio and a positive long-term growth outlook, the recent negative financial results and declining investor interest have overshadowed these factors, leading to its current downward trajectory.