Why is Aarti Industries falling/rising?

As of 03-Jul, Aarti Industries Ltd. is experiencing a decline in its stock price, currently at 479.60, which reflects a decrease of 4.7 or 0.97%. The stock has underperformed its sector by 0.94% today, despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a modest gain of 0.78%, but it has significantly underperformed over the past year with a return of -32.80%. The company has also seen a drop in investor participation, with delivery volume falling by 50.23% compared to the 5-day average. While the stock is trading at a discount compared to its peers, it has faced negative results for the last three consecutive quarters, contributing to its poor long-term growth outlook.
In the broader market context, Aarti Industries has underperformed the benchmark Sensex, which has gained 3.10% over the past month, while the stock has only increased by 1.83%. The stock's long-term performance is concerning, with a decline of 21.80% over the past three years compared to the Sensex's impressive 57.33% increase. Despite high institutional holdings at 26.27%, which may provide some stability, the company's declining profits and negative returns over the past year suggest a lack of confidence among investors. Overall, the combination of poor financial performance and underwhelming market returns has led to the stock's current downward movement.