Why is ARC Finance falling/rising?

As of 02-Jul, ARC Finance Ltd's stock price is currently at 0.99, reflecting a decrease of 0.02 or 1.98%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 4.81%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the delivery volume has decreased by 13.54% compared to the 5-day average, suggesting a decline in investor participation. While the company has a low Price to Book Value of 0.9 and has seen a significant profit increase of 377% over the past year, it is overshadowed by operating losses and weak long-term fundamentals, which contribute to its current negative price movement.
In the broader market context, ARC Finance's performance has been notably poor compared to the benchmark Sensex, with a 1-week return of -3.88% against the Sensex's gain of +0.79%. Over the past month, the stock has declined by 18.85%, while the Sensex has increased by 2.50%. This stark contrast highlights the stock's struggles relative to the market. Despite its attractive valuation metrics, the company's operating losses and flat quarterly results have led to a negative sentiment among investors, further exacerbating its decline in price.