Why is Arkade falling/rising?

As of 24-Sep, Arkade Developers Ltd is experiencing a decline in its stock price, currently at 175.95, which reflects a decrease of 1.9 or 1.07%. The stock has been on a downward trend, having fallen for the last four consecutive days, resulting in a total loss of 2.9% during this period. In terms of performance against benchmarks, the stock has underperformed over the past week and month, with returns of -1.54% and -4.09% respectively, while the Sensex has shown a smaller decline of -1.18% and a slight increase of +0.50% over the same periods. Additionally, the stock's moving averages indicate a mixed performance, being higher than the 200-day average but lower than the shorter-term averages. Although there has been an increase in institutional investor participation, the overall sentiment remains cautious due to recent negative financial results and a low growth rate in net sales.
Broader market context shows that while Arkade has outperformed its sector today by 1.35%, the construction and real estate sector has faced a decline of 2.38%. The stock's year-to-date performance is positive at +1.59%, contrasting with the broader market's +4.58% return. However, the stock's long-term growth prospects appear weak, as indicated by a modest annual growth rate in net sales and a high price-to-book value ratio, suggesting that the stock may be overvalued despite its recent positive returns. The combination of these factors contributes to the stock's current downward movement, as investors weigh the implications of poor financial performance against the backdrop of broader market conditions.