Why is Asian Energy falling/rising?

As of 19-Sep, Asian Energy Services Ltd is currently priced at Rs 347.05, reflecting a decrease of Rs 7.25 or 2.05%. The stock has underperformed its sector by 1.91% today, having touched an intraday low of Rs 346.85. In terms of returns, the stock has shown a decline of 3.09% over the past week and 0.81% over the past month, while it has fallen 7.33% year-to-date and 8.19% over the past year. Despite these declines, the company has demonstrated strong financial performance with positive results for the last eight consecutive quarters, including significant growth in net sales and profit after tax, which may provide some support for the stock's valuation.
Broader market context indicates that while the Sensex has gained 0.88% over the past week and 1.20% over the past month, Asian Energy's performance has lagged behind these benchmarks. The stock's liquidity remains adequate for trading, but a notable decline in investor participation, with a 21.37% drop in delivery volume compared to the five-day average, suggests waning interest among investors. This combination of underperformance relative to the market and decreasing investor engagement likely contributes to the stock's current downward movement.