Why is Arihant Capital falling/rising?

As of 15-Jul, Arihant Capital Markets Ltd is experiencing a decline in its stock price, currently at 87.20, reflecting a decrease of 0.35 or 0.4%. The stock has underperformed its sector by 1.21% today and has been on a consecutive fall for the last two days, with a total decline of 1.35% in this period. Although the stock has shown strong long-term fundamentals, including a healthy average return on equity of 17.75% and significant growth in net sales and operating profit, it has faced challenges recently. Notably, while it generated a return of 25.83% over the past year, its profits have decreased by 35.5%, indicating potential concerns about sustainability. Additionally, the stock's delivery volume has decreased by 15% against the 5-day average, suggesting falling investor participation.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has gained 3.69% over the past week while the Sensex has declined by 1.36%. However, despite this recent outperformance, the stock's year-to-date performance shows a decline of 11.29%, while the benchmark has increased by 5.67%. This divergence highlights the stock's volatility and the challenges it faces in maintaining investor confidence amid fluctuating performance metrics. The stock is currently trading at a discount compared to its peers, which may attract long-term investors, but the recent negative trends in price movement and profitability could be causing caution among current investors.