Why is Arihant Super. falling/rising?

As of 03-Jul, Arihant Superstructures Ltd is currently priced at 403.00, reflecting a decrease of 0.85, or 0.21%. The stock is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend in the short term. However, there has been a notable decline in investor participation, with delivery volume falling by 44.51% against the 5-day average. Despite generating a return of 16.39% over the past year, the company has high debt levels and weak long-term fundamentals, as evidenced by a decline in profits and a low return on capital employed. These factors contribute to a mixed outlook for the stock, as it has consistently outperformed the BSE500 in recent years but faces challenges in sustaining growth.
In the broader market context, Arihant Superstructures Ltd has outperformed the Sensex over the past week and month, with returns of 6.97% and 9.51%, respectively, while the Sensex has experienced declines of 0.62% and gains of 3.10%. However, the stock's year-to-date performance shows a significant decline of 14.37%, contrasting with the Sensex's increase of 6.53%. This disparity highlights the stock's volatility and the impact of its underlying financial issues, which may deter investor confidence despite its recent short-term gains.