Why is ARC Finance falling/rising?

As of 04-Jul, ARC Finance Ltd's stock price is currently at 1.00, reflecting an increase of 0.01 or 1.01%. Despite this uptick today, the stock has shown a negative performance over the past week, down 2.91%, and a significant decline of 25.37% over the past month. The stock is trading below all its moving averages, indicating a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 49.22% compared to the five-day average. While the company has a low Price to Book Value of 0.9 and has seen a substantial increase in profits of 377% over the past year, it has also reported operating losses and a weak long-term fundamental strength, which negatively impacts investor sentiment.
In the broader market context, the Sensex has experienced a slight decline of 0.74% over the past week, which is less severe than the decline seen in ARC Finance's stock. The stock has underperformed the benchmark over various time frames, including a 17.16% drop in the last year compared to the Sensex's 4.23% gain. This underperformance, combined with the company's recent operating losses and flat quarterly results, suggests a challenging environment for ARC Finance, contributing to its overall negative sentiment in the market despite today's minor price increase.