Why is ARC Finance falling/rising?

As of 04-Sep, ARC Finance Ltd's stock price is currently at Rs 0.83, reflecting an increase of Rs 0.01 or 1.22%. Despite this uptick, the stock has shown a negative performance over various time frames, with a 1-week decline of 1.19%, a 1-month drop of 9.78%, and a year-to-date decrease of 39.42%. The stock is trading below all its moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, just 2.41% away from Rs 0.81. The delivery volume has also decreased by 10.06% compared to the 5-day average, suggesting a decline in investor participation. The company's weak long-term fundamentals, highlighted by a low return on equity (ROE) of 1.35% and significant profit declines, further contribute to its negative outlook.
In the broader market context, the Sensex has performed positively with a 1-week return of +0.80% and a year-to-date return of +3.30%, contrasting sharply with ARC Finance's poor performance. This disparity indicates that while the overall market is experiencing gains, ARC Finance is struggling significantly. The stock's valuation appears expensive relative to its peers, and its substantial profit declines over the past year, coupled with the majority of shareholders being non-institutional, suggest a lack of confidence in the company's future prospects. Overall, the combination of weak fundamentals and poor market performance contributes to the stock's recent struggles.