Why is Aarti Industries falling/rising?

As of 11-Sep, Aarti Industries Ltd. has experienced a price increase, currently trading at 392.00, reflecting a change of 2.9 (0.75%) upward. The stock has shown positive performance today, outperforming its sector by 0.89% and achieving a consecutive gain over the last two days with a total return of 0.94%. The stock reached an intraday high of Rs 398.95, indicating strong trading activity. Despite these short-term gains, the stock has underperformed significantly over the longer term, with a 1-year return of -31.34% and a 3-year return of -47.77%. Factors contributing to its recent movement include a fair valuation relative to peers and increased institutional holdings, which rose by 0.57% over the previous quarter. However, the company has faced challenges, including a 51.5% decline in profits over the past year and negative results for the last four consecutive quarters, which may temper investor enthusiasm.
In the broader market context, Aarti Industries has outperformed the benchmark Sensex in the short term, with a 1-week return of +2.82% compared to the Sensex's +1.03%. This short-term outperformance may be bolstered by rising investor participation and liquidity, as indicated by an increase in delivery volume. However, the stock's long-term performance remains concerning, as it has consistently underperformed against the benchmark over the last three years and has shown a negative growth trend in operating profit. The combination of short-term gains and long-term challenges suggests a complex outlook for Aarti Industries, where immediate investor sentiment may not fully reflect the underlying financial difficulties.