Why is Artson falling/rising?

As of 02-Sep, Artson Ltd's stock price is currently at 168.05, reflecting a slight increase of 0.05 (0.03%). The stock has shown a positive trend recently, gaining for the last two days with a total return of 3.1%. However, it has underperformed its sector by 0.25% today. Despite this recent uptick, the stock has experienced a decline of 6.38% over the past month and 16.00% over the past year, indicating a challenging performance relative to the benchmark. Positive factors include significant growth in net sales and profit after tax for the nine months ending June 25, with increases of 40.35% and 445.45%, respectively. Conversely, the company faces substantial risks due to a high debt-equity ratio of 9.48 times and negative EBITDA, which contribute to its weak long-term growth prospects.
Broader market context indicates that while the BSE500 index has declined by 4.82% over the past year, Artson's performance has been significantly worse, with a drop of 16.00%. This underperformance suggests that investor sentiment may be cautious, particularly given the low stake held by domestic mutual funds at only 0.03%, which could reflect a lack of confidence in the company's valuation or business model. Additionally, the stock's recent price movement, despite being higher than its 5-day and 100-day moving averages, remains below its 20-day, 50-day, and 200-day averages, indicating potential volatility and uncertainty in the stock's future trajectory.