Why is Arvind SmartSp. falling/rising?

As of 01-October, Arvind SmartSpaces Ltd is experiencing a price increase, currently at Rs 665.00, reflecting a rise of Rs 11.05 or 1.69%. The stock has shown strong performance recently, gaining 6.94% over the last three days and outperforming its sector by 0.28% today. It has also demonstrated positive returns over the past week and month, with increases of 3.76% and 9.94%, respectively. The company has reported positive results for the last four consecutive quarters, with significant growth in profit before tax and profit after tax, which has likely contributed to the recent upward movement in stock price. Additionally, the low Debt to EBITDA ratio indicates a strong ability to service debt, further enhancing investor confidence.
In the broader market context, while the Sensex has seen a decline of 0.90% over the past week, Arvind SmartSpaces Ltd has managed to outperform this benchmark, indicating a positive sentiment towards the stock despite a generally challenging market environment. The stock's year-to-date performance shows a decline of 23.70%, which is significantly worse than the Sensex's gain of 3.64%, suggesting that while the stock is currently rising, it has faced considerable headwinds over a longer period. The increasing participation from institutional investors, who have raised their stake in the company, may also be a factor in the stock's recent positive movement, as these investors typically have more resources to analyze the company's fundamentals.