Why is ASK Automotive falling/rising?

As of 18-Sep, ASK Automotive Ltd's stock price is currently at 521.45, reflecting a decrease of 12.9 points or 2.41%. The stock has been underperforming recently, having fallen for the last two days with a total decline of 2.85%. Today's trading saw the stock reach an intraday low of Rs 515.25, and it has experienced lower delivery volumes, indicating a drop in investor participation. Despite a year-to-date return of 9.88% and a one-year return of 14.10%, the stock's recent performance has been overshadowed by its current decline and underperformance against the sector by 2.55%.
In the broader market context, the stock's short-term performance has lagged behind the benchmark Sensex, which has risen by 1.80% over the past week, while ASK Automotive has only increased by 1.29%. Although the company boasts strong fundamentals, such as a high return on equity and efficient debt servicing, these positive factors have not been sufficient to counteract the recent price drop. The market has been challenging, with negative returns in the broader BSE500 index, which may be contributing to the stock's current struggles despite its historical performance and growth potential.