Why is Aarti Industries falling/rising?

As of 19-Sep, Aarti Industries Ltd. is experiencing a price increase, currently at 393.25, with a change of 2.3, representing a rise of 0.59%. The stock has outperformed its sector today by 0.92% and has shown consecutive gains over the last two days, accumulating a total return of 0.91% during this period. However, despite this recent uptick, the stock has underperformed significantly over the longer term, with a year-to-date decline of 4.13% and a staggering 30.86% drop over the past year. The stock is trading at a discount compared to its peers, but it has also seen a decline in profits by 51.5% over the last year, which raises concerns about its long-term viability. Additionally, while institutional holdings are relatively high at 26.84%, indicating some confidence from larger investors, the company has reported negative results for the last four consecutive quarters, which may dampen investor sentiment.
In the broader market context, Aarti Industries' short-term performance of +0.92% over the past week slightly outpaces the Sensex, which has risen by 0.88%. However, the stock's longer-term performance is concerning, as it has consistently underperformed against the benchmark over the last three years, with a return of -30.86% compared to the Sensex's -0.67%. This consistent underperformance, coupled with a decline in operating profit and negative quarterly results, suggests that while there may be some short-term gains, the overall outlook for Aarti Industries remains bleak in comparison to the broader market trends.