Why is Arvind SmartSp. falling/rising?

As of 01-Sep, Arvind SmartSpaces Ltd is experiencing a price increase, currently at Rs 604.85, reflecting a rise of Rs 16.85 or 2.87%. The stock has shown a trend reversal after five consecutive days of decline, outperforming its sector by 1.85% today. Despite this positive movement, the stock is still trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has underperformed with a return of -18.70%, while its profits have increased significantly, indicating a disconnect between stock performance and financial growth. The company has demonstrated strong financial health with a low Debt to EBITDA ratio and positive results for the last four consecutive quarters, which may be contributing to the recent uptick in price.
In the broader market context, the stock's short-term performance over the past week shows a decline of 2.58%, while the benchmark Sensex has decreased by a lesser 1.56%. This indicates that Arvind SmartSpaces Ltd has been underperforming relative to the market recently. However, the increasing participation of institutional investors, who have raised their stake in the company, suggests a growing confidence in its fundamentals, which could be a factor supporting the stock's recent rise. Despite the positive developments, the stock's long-term growth prospects remain a concern due to its historical underperformance compared to the market and its peers, which may temper investor enthusiasm moving forward.