Why is Arihant Capital falling/rising?

As of 24-Sep, Arihant Capital Markets Ltd is experiencing a decline in its stock price, currently at Rs 104.10, which reflects a decrease of Rs 4.2 or 3.88%. The stock has underperformed its sector by 3.79% today, opening with a loss of 2.68% and touching an intraday low of Rs 103.5, representing a 4.43% drop. Over the past week, the stock has decreased by 5.58%, while its performance over the last month shows a decline of 6.96%. Despite this, the stock has shown a year-to-date increase of 5.90% and a significant rise of 856.80% over the past five years. Notably, there has been a rise in investor participation, with delivery volume increasing by 76.72% against the five-day average, indicating some interest despite the price drop. Unfortunately, the positive and negative factors impacting the stock's recent movement are not available.
Broader market context indicates that while Arihant Capital has faced short-term challenges, the benchmark Sensex has only declined by 1.18% over the past week and has gained 0.50% over the last month. This suggests that the stock's recent performance is lagging behind the broader market trends. Year-to-date, Arihant Capital's performance is better than the Sensex, which has increased by 4.58%, but the recent downturn highlights a divergence from the overall market sentiment. The stock's moving averages indicate it is currently lower than the 5-day and 20-day averages, which may further contribute to the downward pressure on its price.