Why is Aro Granite Inds falling/rising?

As of 15-Sep, Aro Granite Industries Ltd is experiencing a price increase, with its current price at Rs 37.71, reflecting a rise of 1.08 or 2.95%. The stock has shown a positive trend today, gaining after three consecutive days of decline and opening with a gain of 2.29%. It has outperformed its sector by 2.7% today. However, despite this upward movement, the stock has a year-to-date decline of 20.02% and a one-year decline of 37.31%, indicating significant challenges over a longer period. The stock's delivery volume has also decreased by 40.07% compared to the five-day average, suggesting falling investor participation, which could impact future price movements.
In the broader market context, Aro Granite's short-term performance over the past week shows a gain of 1.51%, which is better than the Sensex's increase of 1.24%. However, the stock's longer-term performance is concerning, as it has underperformed the benchmark significantly over one year and three years. The moving averages indicate that while the stock is currently above the 5-day, 20-day, and 100-day averages, it remains below the 50-day and 200-day averages, which may reflect a lack of sustained bullish momentum. Overall, while there are short-term gains, the broader context reveals ongoing struggles for Aro Granite Industries Ltd.