Why is Art Nirman Ltd falling/rising?

As of 28-Oct, Art Nirman Ltd is experiencing a decline in its stock price, currently at 57.99, which reflects a decrease of 3.06 or 5.01%. Despite a strong performance over the past week and month, where the stock has risen by 9.17% and 16.21% respectively, it has underperformed its sector today by 4.11%. The stock is trading above its moving averages across various time frames, indicating some short-term strength. However, the company faces significant challenges, including operating losses and a weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of 0.16. The negative financial results reported for the last six months, including a 44.81% decline in net sales, further contribute to the stock's downward pressure.
In the broader market context, while Art Nirman Ltd has shown positive returns in the short term, the benchmark Sensex has also performed well, gaining 0.26% over the past week. The company's year-to-date return of 4.43% lags behind the Sensex's 9.69%, indicating a relative underperformance. The stock's valuation appears expensive with a Price to Book Value of 4.1, and despite a slight increase in profits over the past year, the overall low return on equity of 1.20% suggests limited profitability. This combination of weak fundamentals and relative underperformance against the benchmark may be contributing to the stock's current decline.