Why is ARC Finance falling/rising?

As of 24-Sep, ARC Finance Ltd is currently priced at Rs. 0.81, showing no change (0.00%). The stock has recently hit a new 52-week low of Rs. 0.80, indicating a downward trend. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a persistent decline in price momentum. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 27.48% compared to the 5-day average. Over the past year, the stock has experienced a substantial decline of 70.42%, while its year-to-date performance shows a decrease of 40.88%. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.
In the broader market context, the Sensex has shown a decline of 1.18% over the past week, while ARC Finance has remained flat during the same period. This indicates that the stock's performance is not significantly diverging from the overall market trend. However, when looking at the longer-term performance, ARC Finance has underperformed the Sensex over the past month and year, with returns of -4.71% and -70.42%, respectively, compared to the Sensex's gains of 0.50% and losses of only 3.77%. This underperformance relative to the benchmark highlights the challenges faced by ARC Finance in attracting investor interest and maintaining price stability.