Why is Artemis Electri. falling/rising?

As of 20-Oct, Artemis Electricals & Projects Ltd is experiencing a decline in its stock price, currently at 23.35, which reflects a decrease of 0.44 or 1.85%. The stock has underperformed its sector today by 2% and has been on a consecutive downward trend for the last two days, resulting in a total decline of 5.92%. Over the past week, the stock has fallen by 3.87%, and its performance over the last month shows a significant drop of 10.50%. Despite positive results in net sales and profit after tax for the last three quarters, the company faces challenges such as weak long-term fundamental strength and a poor EBIT to interest ratio, which contribute to its current negative price movement.
Broader market context indicates that while the Sensex has gained 2.47% over the past week, Artemis Electricals has not only failed to keep pace but has also significantly underperformed the market over the past year, with a return of -18.78% compared to the benchmark's 3.86%. This underperformance is compounded by the fact that domestic mutual funds hold no stake in the company, suggesting a lack of confidence in its valuation and business prospects. The stock's current trading position below all moving averages further indicates a bearish sentiment among investors, despite a notable increase in delivery volume, which may reflect speculative interest rather than sustained confidence in the stock's fundamentals.