Why is Arkade falling/rising?

As of 16-Sep, Arkade Developers Ltd's stock price is currently at 178.20, reflecting a decrease of 0.4, or 0.22%. The stock has underperformed its sector by 1.27% today and has experienced a consecutive decline over the last two days, resulting in a total drop of 1% during this period. Over the past week, the stock has decreased by 0.36%, and in the last month, it has fallen by 5.34%. Despite these declines, the company has a low debt-to-equity ratio and has seen an increase in institutional investor participation, with a 0.66% rise in their stake, indicating some level of confidence in the company's fundamentals. However, the recent negative financial results, including a significant drop in PAT and net sales, coupled with a high valuation relative to its return on equity, suggest underlying weaknesses that may be contributing to the stock's downward movement.
In the broader market context, the Sensex has shown a positive return of 1.58% over the past week and 2.21% over the past month, indicating that the overall market is performing well while Arkade's stock is declining. This contrast highlights the stock's underperformance relative to the benchmark, which may be a concern for investors. The company's poor long-term growth prospects, evidenced by a modest annual sales growth rate of 7.60% over the last five years, further exacerbates the situation, leading to a lack of investor confidence compared to the broader market trends.