Why is Aarvi Encon falling/rising?

As of 11-Sep, Aarvi Encon Ltd's stock price is currently at 124.30, reflecting a decrease of -0.11, or -0.09%. The stock has underperformed its sector today by 0.35%, despite being higher than its 20-day, 50-day, 100-day, and 200-day moving averages, but lower than its 5-day moving average. Over the past week, the stock has seen a decline of 0.54%, while it has performed positively over the last month with a return of 20.52%. The company has shown positive financial results in the last three quarters, with significant growth in profit before tax, profit after tax, and net sales. However, the stock has underperformed over the past year with a return of -14.86%, indicating challenges in long-term growth despite recent profitability improvements.
In the broader market context, the Sensex has gained 1.10% over the past week and 1.71% over the past month, contrasting with Aarvi Encon's recent decline. The stock's performance has lagged behind the market, particularly over the last year, where it has seen a much steeper decline compared to the BSE500's negative return of -2.29%. This underperformance, coupled with a low debt-to-equity ratio and a fair valuation, suggests that while the company has shown some positive financial metrics, the overall market sentiment and the stock's historical performance may be contributing to its current downward movement.