Why is Automotive Stamp falling/rising?

As of 04-Jul, Automotive Stampings & Assemblies Ltd is experiencing a decline in its stock price, currently at Rs 604.00, which reflects a decrease of Rs 23.65 or 3.77%. The stock has underperformed its sector by 4.44% today and has fallen after two consecutive days of gains. It touched an intraday low of Rs 603.9, indicating a downward trend. Over the past week, the stock has shown a positive return of 5.04%, but it has significantly underperformed over the past year with a return of -41.82%. The company has been facing challenges, including negative results for the last three consecutive quarters, high debt levels with a debt-equity ratio of 16.53 times, and a weak long-term growth outlook, which has contributed to the recent price movement.
In the broader market context, while the stock has shown a strong performance over the last five years with a return of 2645.45%, its recent performance contrasts sharply with the benchmark, which has generated a return of 4.23% over the same period. The stock's year-to-date performance is also negative at -7.86%, compared to the benchmark's positive return of 6.77%. This stark underperformance, coupled with a lack of domestic mutual fund investment, suggests a lack of confidence in the company's future prospects, further exacerbating the downward pressure on its stock price.