Why is Artemis Electri. falling/rising?

As of 27-Jun, Artemis Electricals & Projects Ltd is experiencing a slight decline in its stock price, currently at 26.28, reflecting a decrease of 0.1 or 0.38%. Despite this recent drop, the stock has shown a strong performance over the past week and month, with returns of 10.42% and 17.58%, respectively. However, it has underperformed its sector today by 0.49% and has seen a trend reversal after four consecutive days of gains. The stock is trading above its moving averages, indicating some positive momentum. The company has reported impressive growth in net sales and positive results for the last two quarters, but it also faces challenges such as weak long-term fundamental strength and a high valuation relative to its peers.
Broader market context indicates that while the stock has underperformed the market over the past year, generating a return of -17.85% compared to the benchmark's 4.10%, it has shown significant growth over a three-year period with a return of 441.30%. The lack of domestic mutual fund investment may signal caution among institutional investors regarding the stock's valuation and long-term prospects. Overall, the combination of recent positive sales growth and strong short-term performance contrasts with longer-term concerns about profitability and market confidence, contributing to the current price movement.