Why is Astral falling/rising?

As of 05-Aug, Astral Ltd's stock price is currently at 1,428.15, reflecting a decrease of 0.9 or 0.06%. The stock has shown a trend reversal, falling after two consecutive days of gains. In terms of performance, the stock has a one-week return of +0.70%, but it has underperformed over the longer term with a one-month return of -3.79% and a year-to-date decline of -13.60%. The stock's delivery volume has significantly decreased by 68.73% compared to the five-day average, indicating falling investor participation. While the company boasts high management efficiency and a low debt-to-equity ratio, it has also faced challenges such as flat results in March and a significant decline in profits over the past year, contributing to its recent price movement.
In the broader market context, Astral Ltd has underperformed compared to the benchmark Sensex, which has returned +3.29% year-to-date. The stock's performance over the last year is particularly concerning, with a return of -32.23%, contrasting sharply with the market's positive return of 0.50%. This underperformance, coupled with high valuations and declining profits, suggests that investor sentiment may be negatively impacted, leading to the stock's current price decline.