Why is Asian Granito falling/rising?

As of 24-Jul, Asian Granito India Ltd's stock price is currently at 58.70, reflecting a decrease of 0.3 or 0.51%. The stock has been on a downward trend, losing value for the last 10 consecutive days, resulting in a total decline of 8.58% during this period. Despite outperforming its sector by 1.68% today, the stock's performance over the past week and month shows significant underperformance, with returns of -6.38% and -10.23%, respectively. The company has reported positive results in the last three quarters, with a remarkable growth in profit after tax and net sales; however, it also faces challenges such as weak long-term fundamental strength and a poor ability to service its debt, which may be contributing to the stock's decline. In the broader market context, the Sensex has remained relatively stable with a slight decrease of 0.09% over the past week, contrasting sharply with Asian Granito's significant losses. The stock has underperformed the market over the past year, generating a return of -24.44% compared to the market's positive return of 0.99%. This disparity suggests that while the overall market has been performing moderately well, Asian Granito's struggles with profitability and investor confidence, as indicated by the lack of domestic mutual fund investment, are leading to its continued decline in stock price.