Why is Astral falling/rising?

As of 07-Aug, Astral Ltd's stock price is currently at 1,415.10, reflecting a decrease of -2.85, or -0.2%. The stock has been experiencing a downward trend, having lost -0.98% over the last three days. In terms of performance against benchmarks, the stock has shown a mixed picture; it has gained +1.02% over the past week but has declined -4.91% over the last month and -14.39% year-to-date. Despite having a high management efficiency with a return on equity (ROE) of 18.04% and a low debt-to-equity ratio, the stock's valuation appears expensive with a price-to-book value of 10.5. Additionally, the stock has underperformed significantly over the past year, with a return of -33.30%, indicating a concerning trend in profitability, which has decreased by -4.1%.
In the broader market context, while the Sensex has shown a slight decline of -0.69% over the past week, Astral's short-term performance has been relatively better. However, the stock's long-term performance remains troubling, as it has underperformed the market considerably over the last year, where the BSE500 index recorded a negative return of only -1.34%. The falling investor participation, indicated by a -27.52% drop in delivery volume, further suggests a lack of confidence among investors. Overall, the combination of recent price declines, high valuation concerns, and underperformance relative to both the market and its peers contributes to the stock's current downward trajectory.