Why is ARC Finance falling/rising?

As of 29-Aug, ARC Finance Ltd is currently priced at Rs. 0.84, showing no change (0.00%). The stock has recently hit a new 52-week low of Rs. 0.83 and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 1.18%, and in the last month, it has fallen by 8.70%. The company has experienced a significant drop in investor participation, with a delivery volume decrease of 7.26% compared to the 5-day average. Additionally, the stock's long-term fundamentals are weak, as indicated by a low return on equity (ROE) of 1.35% and a substantial decline in profits over the past year, which has contributed to its expensive valuation relative to peers.
In the broader market context, the Sensex has also seen a decline of 1.84% over the past week, but ARC Finance's performance has outpaced the sector by 0.66% today. However, the stock's year-to-date performance is notably poor, with a decline of 38.69%, contrasting sharply with the Sensex's gain of 2.14% during the same period. This disparity highlights the stock's ongoing struggles despite the broader market's relative stability. Overall, the combination of weak fundamentals, declining investor interest, and poor performance compared to the benchmark suggests that ARC Finance is facing significant challenges that are impacting its stock price negatively.