Why is ARC Finance falling/rising?

As of 19-Nov, ARC Finance Ltd's stock price is currently at Rs 0.71, reflecting a decrease of Rs 0.01 or 1.39%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 5.33% over the past week. Additionally, it is trading below all its moving averages, indicating a bearish trend. The stock is also close to its 52-week low, being only 2.82% away from Rs 0.69. Furthermore, there has been a decline in investor participation, with delivery volume dropping by 3.52% compared to the five-day average, which suggests waning interest among investors.
In the broader market context, ARC Finance's performance has significantly lagged behind the benchmark Sensex, which has gained 0.85% over the past week while ARC Finance has lost 5.33%. Over the past month, the stock has decreased by 10.13%, contrasting sharply with the Sensex's increase of 1.47%. Year-to-date, the stock has plummeted by 48.18%, while the Sensex has risen by 9.02%. This stark difference in performance highlights the challenges faced by ARC Finance in attracting investor confidence amidst a generally positive market environment.