Why is Arihant's Secur. falling/rising?

As of 29-Aug, Arihants Securities Ltd is experiencing a price increase, with its current price at Rs. 23.69, reflecting a rise of 0.67 or 2.91%. The stock has shown a positive trend recently, gaining for the last two days and achieving a total return of 6.95% during this period. Despite hitting a new 52-week low of Rs. 22.12 earlier today, the stock has outperformed its sector by 3.57%. However, it is important to note that the stock's delivery volume has significantly decreased by 46.35% compared to the 5-day average, indicating falling investor participation. Additionally, while the stock's performance over the last week shows a modest gain of 1.67%, its year-to-date performance remains negative at -27.60%. In the broader market context, the Sensex has declined by 1.84% over the past week, suggesting that the stock's recent rise is occurring against a backdrop of overall market weakness. This relative strength may indicate that investors are finding value in Arihants Securities despite the broader market trends. The stock's performance over the last three years has been notably strong, with a return of 47.60%, which is significantly higher than the Sensex's 37.67% return in the same period. However, the stock's year-to-date decline contrasts with the Sensex's positive return of 2.14%, highlighting the challenges the company has faced in the current market environment.