Why is Astec Lifescienc falling/rising?

As of 12-Aug, Astec Lifesciences Ltd's stock price is currently at Rs 822.00, reflecting an increase of Rs 32.0 or 4.05%. Today's price movement indicates a trend reversal as the stock has gained after five consecutive days of decline, despite opening down by 2.4%. The stock reached an intraday high of Rs 869.4, showcasing a significant recovery within the trading day. However, it has underperformed the benchmark over the past week, with a return of -4.56% compared to the Sensex's -0.59%. The company has faced ongoing challenges, including operating losses and a high Debt to EBITDA ratio of 2.64, which contribute to its weak long-term fundamental strength. Additionally, the stock has generated negative returns over the past year and has consistently underperformed against the benchmark.
Broader Market Context: In the context of the broader market, Astec Lifesciences Ltd's recent performance contrasts sharply with the Sensex, which has shown a slight positive return of 2.68% year-to-date, while the stock itself has declined by 18.21% in the same period. This underperformance is further highlighted by the stock's significant drop of 34.24% over the past year, indicating a persistent struggle against market trends. The liquidity of the stock remains adequate for trading, but falling investor participation, as evidenced by a 44.21% decrease in delivery volume, suggests a lack of confidence among investors, which could impact future price movements.