Why is Arvind SmartSp. falling/rising?

As of 29-Oct, Arvind SmartSpaces Ltd's stock price is currently at Rs 637.50, reflecting an increase of Rs 12.35, or 1.98%. The stock has shown a positive performance today, outperforming its sector by 1.25%, and has gained consecutively over the last two days, resulting in a total return of 2.29% during this period. Despite this recent uptick, the stock has underperformed over the past month with a decline of 1.99%, and a significant year-to-date drop of 26.85%. Positive factors contributing to the recent rise include strong quarterly results, with profit before tax and profit after tax showing substantial growth, and an increase in institutional investor participation, which indicates growing confidence in the company's fundamentals. However, the stock's long-term growth prospects remain a concern due to its relatively low operating profit growth rate and expensive valuation metrics.
In the broader market context, Arvind SmartSpaces Ltd's short-term performance has been more favorable compared to the benchmark Sensex, which has only increased by 0.68% over the past week. However, the stock's longer-term performance is concerning, as it has significantly underperformed the market over the past year, with a decline of 25.85% compared to the Sensex's positive return of 5.76%. This disparity highlights the challenges the company faces in regaining investor confidence despite recent positive developments.