Why is Arkade falling/rising?

As of 18-Jul, Arkade Developers Ltd is currently priced at Rs. 206.90, reflecting an increase of 0.3 (0.15%). The stock has shown strong performance recently, with a 3.24% increase over the past week and a 6.65% rise over the past month. Notably, it reached a new 52-week and all-time high of Rs. 213.3 today. The stock has been gaining for the last three days, yielding a total return of 2.05% during this period. Additionally, institutional investors have increased their stake by 0.66% over the previous quarter, indicating growing confidence in the company's fundamentals, which may contribute positively to the stock's upward movement. However, there has been a slight decline in delivery volume, which could signal a decrease in retail investor participation.
In the broader market context, Arkade's performance stands out as it has outperformed the Sensex, which has declined by 0.90% over the past week, while Arkade has gained 3.24%. Year-to-date, Arkade's return of 19.46% significantly surpasses the Sensex's 4.63% gain, further highlighting its strong relative performance. This contrast suggests that while the overall market may be facing challenges, Arkade Developers Ltd is experiencing positive momentum, driven by both its operational performance and increased institutional interest.