Why is ARC Finance falling/rising?

As of 15-Oct, ARC Finance Ltd's stock price is currently at Rs. 0.70, reflecting a decrease of Rs. 0.03, or 4.11%. The stock has recently hit a new 52-week low and has been on a downward trend, losing value for the past four days, with a total decline of 7.89% over that period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish sentiment. Additionally, the stock has underperformed its sector by 6.27%. While there has been a rise in investor participation, with delivery volume increasing by 28.29% against the 5-day average, the overall performance remains weak, as evidenced by significant declines over the past month and year, with year-to-date returns down by 48.91%.
In the broader market context, the Sensex has shown a positive return of 1.02% over the past week and 1.00% over the past month, contrasting sharply with ARC Finance's negative returns of -7.89% and -13.58%, respectively. This stark difference highlights the company's struggles relative to the overall market performance. The finance/NBFC sector has gained by 2.16%, further emphasizing ARC Finance's underperformance in a generally improving market. The lack of positive factors in the dashboard suggests that there are no significant catalysts to support a rebound in the stock price at this time.