Why is ARC Finance falling/rising?

As of 05-Sep, ARC Finance Ltd is experiencing a decline in its stock price, currently at Rs. 0.82, which represents a decrease of 0.01 or 1.2%. The stock has hit a new 52-week low of Rs. 0.81 today and has underperformed its sector by 1.69%. Over the past week, the stock has decreased by 2.38%, and its year-to-date performance shows a significant drop of 40.15%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also fallen by 10.06% compared to the 5-day average, reflecting a decrease in investor participation. The majority shareholders are non-institutional, which may contribute to the stock's volatility.
In the broader market context, the Sensex has increased by 1.13% over the past week, contrasting sharply with ARC Finance's performance. This divergence highlights the stock's underperformance relative to the benchmark. The company's weak long-term fundamentals, evidenced by an average Return on Equity (ROE) of 1.35% and a significant decline in profits of 65.7% over the past year, further exacerbate its challenges. The stock is trading at a premium compared to its peers, which, combined with flat results and a substantial drop in profit before tax and profit after tax, positions it as a strong sell in the current market environment.