Why is Arihant Super. falling/rising?

As of 05-Sep, Arihant Superstructures Ltd is currently priced at 395.00, reflecting an increase of 2.0 (0.51%). Today's price summary indicates that the stock has outperformed its sector by 1.18%, although it is trading higher than the 100-day moving averages but lower than the 5-day, 20-day, 50-day, and 200-day moving averages. Despite a recent decline in investor participation, with delivery volume falling by 68.1% against the 5-day average, the stock has shown strong long-term performance, generating an 18.16% return over the past year and outperforming the BSE500 in the last three years. However, the company faces challenges due to high debt levels, with a debt-to-equity ratio averaging 1.84 times, and flat results in June 2025, which may contribute to a cautious outlook among investors.
In the broader market context, the stock has underperformed relative to the Sensex over the past week and month, with declines of 1.66% and 5.87%, respectively, while the Sensex has shown a positive return of 1.13% and flat performance. This disparity highlights the stock's recent struggles despite its long-term gains. The lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the stock's current valuation or business prospects, further contributing to its mixed performance in the market.