Why is ASK Automotive falling/rising?

As of 02-Jul, ASK Automotive Ltd's stock price is currently at Rs 514.55, reflecting a decline of Rs 6.1 or 1.17%. The stock has underperformed its sector by 1.94% today and has experienced a consecutive fall over the last two days, resulting in a total drop of 3.8%. Despite this recent downturn, the stock has shown strong performance over longer periods, with a 32.07% increase over the past year, significantly outpacing the market's return of 3.11%. However, the stock's delivery volume has decreased by 48.18% compared to the 5-day average, indicating a decline in investor participation, which may contribute to the current price drop.
In the broader market context, ASK Automotive's short-term performance contrasts with the Sensex, which has gained 0.79% over the past week. While the stock has demonstrated high management efficiency and a strong ability to service debt, these positive factors may not be sufficient to counterbalance the recent negative trends in investor participation and price movement. Overall, the stock's recent decline appears to be influenced by short-term selling pressure, despite its strong long-term growth indicators and market-beating performance.