Why is Arihant Academy falling/rising?

As of 15-Sep, Arihant Academy Ltd's stock price is currently at 385.05, reflecting a decrease of 2.45, or 0.63%. Today's price performance is in line with the sector, and the stock is trading higher than its 20-day, 50-day, 100-day, and 200-day moving averages, although it is lower than its 5-day moving average. The stock has experienced a significant increase in investor participation, with a delivery volume of 10.4k on September 12, which is up by 83.1% compared to the 5-day average. Over the past week, the stock has declined by 3.50%, while it has shown a strong performance over the past month with a gain of 7.86% and an impressive year-to-date increase of 53.53%. The company's high management efficiency, indicated by a return on equity (ROE) of 19.01%, and a low debt-to-equity ratio contribute positively to its long-term growth potential, as evidenced by a robust annual net sales growth rate of 30.30%.
In the broader market context, the Sensex has increased by 1.20% over the past week, contrasting with Arihant Academy's decline, indicating that the stock is underperforming relative to the benchmark in the short term. However, the stock has outperformed the Sensex over the past month and year, with returns of 7.86% and 104.81%, respectively, compared to the benchmark's 1.78% and a decline of 1.13%. This suggests that while the stock is currently experiencing a dip, its overall performance remains strong in the longer term, supported by positive financial results and growth indicators.