Why is Northern ARC falling/rising?

As of 16-Sep, Northern ARC Capital Ltd is currently priced at 265.55, reflecting a decrease of 0.75, or 0.28%. The stock has recently underperformed its sector by 0.56% and has experienced a trend reversal, falling after two consecutive days of gains. Despite this decline, the stock has shown strong performance over the past week and month, with returns of 7.06% and 14.58%, respectively. Additionally, it is trading above all its moving averages, indicating a generally positive trend. The stock's liquidity is also favorable, with a significant increase in delivery volume, suggesting rising investor participation. The company has demonstrated strong long-term fundamentals, with a compound annual growth rate (CAGR) of 38.10% in net sales and a return on equity (ROE) of 8.9, contributing to its attractive valuation.
In the broader market context, Northern ARC's recent performance has outpaced the Sensex, which has only increased by 1.58% over the past week and 2.21% over the past month. This indicates that while the stock is currently facing a slight decline, it has been performing well relative to the benchmark in the short term. The stock's long-term growth potential remains strong, as evidenced by its profit increase of 22% over the past year, despite the stock generating a flat return of 0.00%. Overall, the combination of strong fundamentals and recent price movements suggests that while there may be short-term fluctuations, the long-term outlook for Northern ARC remains positive.