Why is Asian Granito falling/rising?

As of 04-Aug, Asian Granito India Ltd is experiencing a decline in its stock price, currently at 57.60, which reflects a decrease of 0.79 or 1.35%. The stock has underperformed its sector by 2.26% today, and while it is higher than the 100-day moving average, it remains below the 5-day, 20-day, 50-day, and 200-day moving averages. Over the past week, the stock has shown a modest gain of 1.07%, but it has significantly underperformed over the longer term, with a 10.28% decline over the past month and a staggering 29.55% drop over the past year. Despite these challenges, the company has reported positive results for the last three consecutive quarters, including record net sales and operating profit to interest ratios, which may provide some support for the stock's valuation.
In the broader market context, the Sensex has shown a slight increase of 0.16% over the past week, contrasting with Asian Granito's recent performance. The stock's year-to-date performance is notably poor at -14.67%, while the Sensex has gained 3.69% during the same period. This divergence highlights the stock's struggles relative to the overall market. However, the rising investor participation, indicated by a significant increase in delivery volume, suggests that there may be some interest in the stock despite its current challenges. The company's attractive valuation metrics, including a low PEG ratio and a strong increase in profits, could indicate potential for recovery, but the recent price movements reflect ongoing investor caution.