Why is Arvind Fashions falling/rising?

As of 07-Aug, Arvind Fashions Ltd is experiencing a slight increase in its stock price, currently at 523.00, reflecting a change of 1.2 or 0.23% upward. The stock has shown a trend reversal after three consecutive days of decline. It is currently trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below its 5-day moving average. Despite this positive movement, there has been a notable decrease in investor participation, with delivery volume dropping by 55.05% compared to the 5-day average. Over the past month, the stock has performed well, gaining 12.47%, while it has increased by 7.46% over the past year, indicating a generally positive trend despite recent fluctuations.
In the broader market context, Arvind Fashions' short-term performance over the last week shows a decline of 5.99%, which contrasts with the Sensex's smaller drop of 0.69%. This suggests that while the stock has faced recent challenges, its longer-term performance remains strong, particularly over the past three years, where it has outperformed the benchmark significantly with an 80.59% increase compared to the Sensex's 38.08%. The stock's liquidity remains adequate for trading, which may support its recovery in the coming days.