Why is Aarti Industries falling/rising?

As of 16-Sep, Aarti Industries Ltd. is currently priced at 390.75, reflecting an increase of 1.7 (0.44%). The stock has shown a trend reversal, gaining after two consecutive days of decline. However, it remains below its 50-day, 100-day, and 200-day moving averages, indicating potential weakness in the longer-term trend. The stock has underperformed against the benchmark, with a year-to-date return of -4.74% compared to the Sensex's +5.43%. Additionally, while the stock is trading at a discount compared to its peers, it has experienced a significant decline in profits, falling by 51.5% over the past year, which raises concerns about its long-term growth prospects.
In the broader market context, the stock's short-term performance of +0.62% over the past week is notably lower than the Sensex's gain of +1.58%. This underperformance is consistent with the stock's trend over the past year, where it has generated a return of -31.59%, significantly lagging behind the benchmark's -0.73%. The high institutional holdings at 26.84% suggest that knowledgeable investors are still interested, as their stake has increased by 0.57% over the previous quarter. However, the company's negative results over the last four quarters and a poor long-term growth rate of -8.45% in operating profit contribute to a cautious outlook for the stock.