Why is Asian Energy falling/rising?

As of 18-Sep, Asian Energy Services Ltd's stock price is currently at 354.30, reflecting an increase of 7.85, or 2.27%. Today's price movement indicates a positive trend, as the stock has gained after three consecutive days of decline. It opened with a gain of 2.01% and reached an intraday high of Rs 357.1, outperforming its sector by 2.17%. Despite this upward movement, the stock has shown a year-to-date decline of 5.39% and a one-year drop of 8.92%. However, the company has demonstrated strong financial performance, with net sales growing by 84.89% and profit after tax increasing by 56.78% over the last six months, alongside a low debt-to-equity ratio, which supports its stability.
In the broader market context, the stock's short-term performance over the past week shows a modest gain of 0.31%, while the benchmark Sensex has increased by 1.80% during the same period. This indicates that while Asian Energy is experiencing a rise today, it has not kept pace with the benchmark in the short term. Additionally, the stock's liquidity remains adequate for trading, although there has been a slight decline in investor participation, as evidenced by a decrease in delivery volume. Overall, the combination of positive financial results and today's price recovery contributes to the stock's rising movement, despite its longer-term underperformance compared to the market.