Why is Arkade falling/rising?

As of 22-Sep, Arkade Developers Ltd is experiencing a decline in its stock price, currently at 179.50, reflecting a decrease of 1.35 or 0.75%. The stock has underperformed its sector by 0.68% today and has been on a downward trend for the last two days, with a total decline of 0.94% during this period. Over the past week, the stock has shown a modest increase of 0.50%, but it has fallen by 2.15% over the past month, contrasting with a 1.05% gain in the Sensex. Additionally, the stock's delivery volume has decreased significantly, indicating falling investor participation, while it remains liquid enough for trading purposes. The company's low debt-to-equity ratio and the recent increase in institutional investor participation may provide some support, but concerns about poor long-term growth and disappointing quarterly results have negatively impacted investor sentiment.
In the broader market context, the stock's recent performance has been relatively weak compared to the benchmark, as it has underperformed the Sensex in both the short-term and the longer-term metrics provided. While the Sensex has gained 0.46% over the past week and 1.05% over the past month, Arkade's declines in these periods highlight its struggles. The company's lackluster growth in net sales and profitability, along with a high valuation indicated by its price-to-book ratio, further contribute to the negative outlook. Overall, the combination of disappointing financial results and reduced investor interest has led to the stock's current downward movement.