Why is Arvee Laborat. falling/rising?

As of 06-Oct, Arvee Laboratories (India) Ltd is currently priced at 164.01, reflecting an increase of 1.56 or 0.96%. The stock has shown a positive performance today, outperforming its sector by 0.93%. However, it is important to note that the stock is trading lower than its 20-day, 50-day, and 100-day moving averages, despite being higher than the 5-day and 200-day moving averages. Over the past week, the stock has gained 0.62%, while it has increased by 7.08% over the last month. Despite these short-term gains, the stock has a concerning long-term outlook, with a negative return of 7.86% over the past year and a low return on equity of 4.4%. Additionally, the company has reported poor financial performance, including a significant drop in net sales and profits, which contributes to its expensive valuation relative to peers.
In the broader market context, the Sensex has increased by 1.80% over the past week and 1.36% over the past month, indicating a stronger performance compared to Arvee Laboratories in the short term. The company's declining investor participation, with a 65.78% drop in delivery volume, suggests waning interest among investors, which could further impact its stock price negatively. While the company has a low debt-to-equity ratio and is primarily held by promoters, the overall sentiment remains cautious due to its poor long-term growth prospects and recent negative financial results.