Why is Arvind Fashions falling/rising?

As of 16-Sep, Arvind Fashions Ltd is currently priced at 563.00, reflecting an increase of 3.75, or 0.67%. The stock has been gaining for the last three days, with a total return of 2.1% during this period. Despite this upward movement, it has underperformed its sector by 0.35%. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 49.9% compared to the 5-day average. While the stock has shown a 12.94% return over the past month, it has experienced a decline of 4.83% over the past year, with profits falling significantly by 128%. The high institutional holdings at 33% suggest confidence from larger investors, as their stake has increased by 1.64% in the previous quarter, which may support the stock's recent performance.
In the broader market context, Arvind Fashions has delivered a 1.53% return over the past week, slightly underperforming the Sensex, which has risen by 1.58%. Over the past month, the stock has significantly outperformed the benchmark, with a return of 12.94% compared to the Sensex's 2.21%. This indicates that while the stock has shown strong short-term performance relative to the market, the overall decline in profits and reduced investor participation may create caution among investors moving forward.