Why is Arih.Found.Hsg. falling/rising?

As of 23-Jun, Arihant Foundations & Housing Ltd is experiencing a decline in its stock price, currently at Rs 1,421.00, reflecting a decrease of Rs 29.00 or 2.0%. The stock has underperformed its sector by 2.37% today and has been on a downward trend for the last three days, accumulating a total decline of 5.16%. Despite a strong long-term performance, with a remarkable 675.44% increase over the past year, the stock's recent movement is influenced by its poor management efficiency, as indicated by a low Return on Capital Employed (ROCE) of 6.02% and a high Debt to EBITDA ratio of 4.50 times, which raises concerns about its profitability and ability to service debt.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has fallen 5.20% over the past week while the Sensex has gained 0.12%. Although the stock has shown impressive long-term growth, outperforming the BSE 500 in the last three annual periods, the lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence among institutional investors. This combination of declining short-term performance, management inefficiencies, and low investor participation contributes to the stock's current downward trajectory.