Why is Arvind Fashions falling/rising?

As of 06-Nov, Arvind Fashions Ltd is experiencing a decline in its stock price, currently at Rs 531.70, which reflects a decrease of Rs 14.65 or 2.68%. The stock has been losing value for the last two days, with a total drop of 4.7% during this period. Despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, the stock touched an intraday low of Rs 517.95. Over the past week, it has shown a positive return of 3.74%, although it has underperformed over the last month with a slight decline of 0.51%. The company has reported strong operating profit and net sales, but it also faces challenges such as a high Debt to EBITDA ratio and a significant drop in profits over the past year, contributing to its recent price movement.
In the broader market context, while Arvind Fashions has shown a positive return of 3.74% over the past week, the benchmark Sensex has declined by 1.30% during the same period, indicating that the stock is performing relatively well compared to the market. However, the retail sector as a whole has fallen by 2.32%, which may be influencing investor sentiment negatively. The stock's long-term performance has been below par, with a 9.37% decline over the past year, and it has underperformed against the BSE500 index. The increase in institutional holdings suggests some confidence in the company's fundamentals, but the overall financial health, characterized by low profitability and high debt levels, continues to weigh on the stock's performance.