Why is Artson falling/rising?

As of 04-Sep, Artson Ltd's stock price is currently at 168.00, with no change (0.00%). The stock has outperformed its sector by 0.75% today, although it remains below the 20-day, 50-day, 100-day, and 200-day moving averages, indicating mixed performance in the short term. Over the past week, the stock has shown no change, while it has declined by 5.62% over the past month and 8.94% year-to-date. Despite a significant growth in net sales and profit after tax in the last nine months, the company faces challenges due to a high debt-to-equity ratio of 9.48 times, which raises concerns about its long-term fundamental strength. Additionally, the stock has underperformed the market with a one-year return of -16.02%, compared to the BSE500's decline of -4.38%.
In the broader market context, while the Sensex has increased by 0.80% over the past week, Artson's performance has been stagnant, reflecting its struggles against the benchmark. The stock's liquidity appears adequate, with a delivery volume increase of 1.98% against the five-day average, but the low domestic mutual fund ownership of only 0.03% suggests a lack of confidence among institutional investors. The combination of high debt, negative EBITDA, and poor long-term growth prospects contributes to the stock's risk profile, making it less attractive to investors despite some recent positive financial results.