Why is Artson falling/rising?

As of 03-Sep, Artson Ltd's stock price is currently at 168.00, reflecting a decrease of 0.05, or 0.03%. The stock has underperformed its sector today by 0.73%, following a trend reversal after two consecutive days of gains. In terms of returns, the stock has seen a decline of 1.18% over the past week and a significant drop of 6.41% over the past month. Despite positive results reported on June 25, including a 445.45% growth in PAT and a 40.35% increase in net sales, the company faces challenges due to a high debt-to-equity ratio of 9.48 times, indicating weak long-term fundamental strength. Additionally, the stock has generated a return of -16.02% over the past year, while profits have fallen by 7.3%, contributing to its recent price decline.
Broader market context shows that while the Sensex has experienced a minor decline of 0.27% over the past week, Artson's performance has been significantly worse, indicating a lack of investor confidence. The stock's underperformance is further highlighted by its negative returns compared to the broader market, where the BSE500 index has fallen by only 4.38% over the last year. The low participation from domestic mutual funds, holding only 0.03% of the company, suggests that institutional investors may not be comfortable with the stock's current valuation or business outlook, adding to the negative sentiment surrounding Artson Ltd.