Why is Arkade falling/rising?

As of 12-Sep, Arkade Developers Ltd is experiencing a price increase, currently at 180.00, reflecting a rise of 1.65 or 0.93%. The stock has outperformed its sector today by 0.83%, although it is currently higher than its 5-day and 200-day moving averages, but lower than its 20-day, 50-day, and 100-day moving averages. Despite a recent decline in investor participation, with delivery volume dropping by 27.51% against the 5-day average, there is a positive trend in institutional investor participation, which has increased by 0.66% over the previous quarter. However, the company faces challenges with poor long-term growth, as evidenced by a low annual net sales growth rate of 7.60% over the last five years and disappointing quarterly results.
In the broader market context, the stock's performance over the past week shows a slight increase of 0.17%, while the benchmark Sensex has risen by 1.48%. This indicates that while Arkade is experiencing a short-term rise, it is lagging behind the benchmark in the short term. Additionally, the company's valuation appears expensive with a Price to Book Value of 3.8, and its return on equity stands at 17.8%. These factors, combined with the recent negative quarterly results, suggest that while there may be some positive momentum due to institutional interest, the overall outlook remains cautious given the company's financial performance and market comparisons.