Why is Arvind SmartSp. falling/rising?

As of 07-Oct, Arvind SmartSpaces Ltd is experiencing a decline in its stock price, currently at Rs 605.80, which reflects a decrease of Rs 39.85 or 6.17%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in an overall drop of 8.32% during this period. It is currently trading close to its 52-week low, just 4.22% above Rs 580.25. The stock's performance over the past week shows a decline of 7.36%, while its year-to-date performance is down by 30.49%. Despite positive financial results in the last four quarters, including significant growth in profit before tax and profit after tax, the stock's long-term growth prospects appear weak, with an annual operating profit growth rate of only 17.12% over the last five years.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 2.07% over the past week and 4.85% year-to-date. This underperformance is indicative of broader market trends, where Arvind SmartSpaces Ltd has lagged behind, particularly with a one-year return of -21.64% compared to the market's slight decline of -0.31%. Additionally, the stock's liquidity is relatively low, with a significant drop in delivery volume, suggesting decreased investor interest. While there has been an increase in institutional investor participation, which may provide some support, the overall sentiment remains negative due to the stock's expensive valuation and poor long-term growth outlook.