Why is Arihant Super. falling/rising?

As of 11-Jul, Arihant Superstructures Ltd's stock price is currently at 415.25, reflecting an increase of 5.05 or 1.23%. The stock has shown a positive trend, gaining for the last three days with a total return of 4.44% during this period. It has outperformed its sector by 2.44% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, despite these positive indicators, the company faces challenges such as high debt levels and weak long-term fundamental strength, which may impact investor confidence. The stock has generated an 18.14% return over the past year, but profits have declined by 17.7%, raising concerns about its sustainability.
In the broader market context, Arihant Superstructures has outperformed the Sensex in the short term, with a 1-week return of 2.68% compared to the benchmark's decline of 1.12%. While the stock has shown strong performance over the last three years with a return of 192.43%, the recent drop in investor participation, as indicated by a 54.55% decrease in delivery volume, suggests a potential lack of confidence among investors. Additionally, the absence of domestic mutual fund investment may indicate that institutional investors are wary of the company's valuation and long-term growth prospects.