Why is ARC Finance falling/rising?

As of 19-Sep, ARC Finance Ltd is experiencing a decline in its stock price, currently at Rs 0.83, which reflects a decrease of Rs 0.02 or 2.35%. The stock has underperformed its sector by 2.2% today and is close to its 52-week low, being only 3.61% away from Rs 0.80. Over the past week, the stock has shown a slight increase of 1.22%, but it has significantly underperformed in the longer term, with a year-to-date decline of 39.42% and a one-year drop of 65.05%. Despite a notable increase in investor participation, with delivery volume rising by 177.07% against the 5-day average, the stock remains lower than its 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.
In the broader market context, the Sensex has shown a positive return of 0.88% over the past week, contrasting with ARC Finance's performance. While the stock has managed to gain slightly in the short term, its long-term performance is significantly lagging behind the benchmark, which has gained 5.74% year-to-date. This disparity highlights the challenges faced by ARC Finance in attracting investor confidence, especially given its substantial declines over the past year and the overall market's positive trajectory.