Why is Asian Granito falling/rising?

As of 30-Jul, Asian Granito India Ltd is experiencing a decline in its stock price, currently at 58.70, reflecting a decrease of 0.2 or 0.34%. The stock has underperformed its sector by 0.41% today, and while it is above the 5-day and 100-day moving averages, it is below the 20-day, 50-day, and 200-day moving averages. Over the past week, the stock has decreased by 0.51%, and it has seen a significant drop of 31.48% over the past year, despite the company reporting positive results for the last three consecutive quarters, including a remarkable 905.5% growth in PAT. The stock's valuation appears attractive with a PEG ratio of 0.1, yet the falling investor participation, indicated by a decrease in delivery volume, suggests a lack of confidence among investors.
In the broader market context, the stock's short-term performance has been relatively better than the benchmark Sensex, which has fallen by 1.50% over the past week. However, the year-to-date performance shows a stark contrast, with Asian Granito down 13.04% while the Sensex has gained 4.28%. This disparity highlights the challenges faced by Asian Granito despite its strong financial results, as the overall market sentiment and investor participation seem to be weighing on the stock's price.