Why is Aarvi Encon falling/rising?

As of 12-Aug, Aarvi Encon Ltd is experiencing a decline in its stock price, currently at 100.46, which reflects a decrease of 2.68 or 2.6%. The stock has underperformed its sector by 1.57% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a slight decline of 0.92%, and its performance over the last month shows a more significant drop of 7.28%. Although the company has reported positive quarterly results, including a 40.09% growth in net sales, the overall return over the past year is a substantial negative 29.78%, indicating a troubling trend in profitability, which has decreased by 11.5%. Additionally, the stock's low debt-to-equity ratio and attractive valuation compared to peers are overshadowed by its poor long-term growth prospects, with an annual operating profit growth rate of only 8.22% over the last five years.
In the broader market context, Aarvi Encon's performance has been notably weaker than the benchmark, as it has underperformed the BSE500 across various time frames, including the last three years and one year. The Sensex has shown a slight increase of 0.58% over the past year, contrasting sharply with Aarvi Encon's significant decline. This underperformance in both the short and long term suggests that investor sentiment is negatively impacted, despite a recent increase in trading volume, indicating rising investor participation. Overall, the combination of poor returns, underperformance relative to benchmarks, and concerns about long-term growth prospects contribute to the stock's current downward trajectory.