Why is Artemis Electri. falling/rising?

As of 10-Jul, Artemis Electricals & Projects Ltd is experiencing a price increase, with its current price at 25.41, reflecting a change of 0.93 or 3.8% upward. Today's performance indicates that the stock has outperformed its sector by 3.68%. However, while the stock is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, it is below its 5-day moving average. Notably, there has been a decline in investor participation, with delivery volume falling by 26.42% compared to the 5-day average. Despite a significant growth in net sales of 103.2% and positive results over the last two quarters, the stock has underperformed in the long term, with a return of -16.82% over the past year, indicating weak fundamental strength and a high valuation relative to its peers.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has declined by 2.16% over the past week while the Sensex has remained relatively flat with a change of -0.06%. The stock's long-term growth has been poor, with an average annual growth rate of just 11.47% in net sales over the last five years. Furthermore, domestic mutual funds hold no stake in the company, which may reflect a lack of confidence in its valuation or business prospects. Overall, while there are positive indicators in the recent quarterly performance, the stock's long-term underperformance and weak fundamentals contribute to a cautious outlook.