Why is Arvind Fashions falling/rising?

As of 14-Jul, Arvind Fashions Ltd is currently priced at 455.05, reflecting a decrease of 1.45, or 0.32%. The stock has been experiencing a downward trend, having fallen consecutively for the last two days, resulting in a total decline of 2.88% during this period. In terms of performance against benchmarks, the stock has underperformed significantly over the past year, with a return of -10.44% compared to the Sensex's gain of 2.15%. Additionally, the stock's delivery volume has decreased by 60.74% against its 5-day average, indicating a drop in investor participation. While the stock has a high institutional holding of 31.36%, which suggests some confidence from larger investors, its weak financial metrics, including a poor EBIT to interest ratio of 0.79 and a significant drop in profits of 153.5%, contribute to a negative outlook.
In the broader market context, the stock's recent performance has been notably weaker than the benchmark, as it has declined by 2.14% over the past week while the Sensex has only dropped by 1.42%. This underperformance is compounded by the company's flat results reported in March, where the profit after tax fell dramatically. Although the stock is trading at a discount compared to its peers and has shown strong long-term growth over three and five years, the current financial challenges and declining profitability per unit of shareholders' funds suggest that investors are cautious, leading to the stock's recent decline.