Why is Aarti Industries falling/rising?

As of 22-Aug, Aarti Industries Ltd. is experiencing a slight increase in its stock price, currently at 382.60, reflecting a change of 0.4 or 0.1% upward. Despite this minor uptick, the stock has underperformed its sector by 0.59% today and is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has shown a return of +1.78%, contrasting with a -9.55% return over the past month and a significant -38.86% decline over the past year. The company's financials reveal a fair valuation with a return on capital employed (ROCE) of 6.2, but it has faced a substantial profit drop of -51.5% over the past year, contributing to its negative performance.
In the broader market context, Aarti Industries' short-term performance has outpaced the Sensex, which has returned +0.88% over the same week. However, the stock's long-term outlook remains concerning, with a poor growth trajectory evidenced by a -8.45% annual decline in operating profit over the last five years and negative results for the last four consecutive quarters. High institutional holdings at 26.84% may provide some support, as these investors typically have better resources to analyze company fundamentals, yet the overall sentiment remains negative due to the stock's substantial underperformance relative to the BSE500 over multiple time frames.