Why is Astral falling/rising?

As of 28-Aug, Astral Ltd's stock price is currently at 1,359.00, reflecting a decrease of 31.3 points or 2.25%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.43% during this period. It has also underperformed its sector by 0.86% today. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a decline in investor participation, with delivery volume dropping by 9.06% against the 5-day average. Over the past year, the stock has generated a return of -30.51%, while its profits have decreased by 11.4%, contributing to a perception of weakness.
In the broader market context, Astral's short-term performance has been worse than the benchmark, with a 1-week return of -4.32% compared to the Sensex's -2.34%. Despite having a high management efficiency with a return on equity (ROE) of 18.04% and a low debt-to-equity ratio, the company has faced negative results, including a significant drop in profit after tax and a low return on capital employed. These factors, combined with the stock's expensive valuation relative to its peers, have led to a lack of confidence among investors, contributing to its recent decline.