Why is Arihant's Secur. falling/rising?

As of 16-Sep, Arihants Securities Ltd is experiencing a slight increase in its stock price, currently at 23.80, with a change of 0.03, representing a 0.13% rise. The stock has shown a trend reversal, gaining after two consecutive days of decline. It is currently performing inline with its sector, and the delivery volume has significantly increased by 224.43% compared to the 5-day average, indicating rising investor participation. However, the stock's performance over the past month shows a decline of 2.58%, and year-to-date, it has decreased by 27.26%, suggesting ongoing challenges despite the recent uptick.
In the broader market context, the Sensex has outperformed Arihants Securities in the short term, with a 1-week return of 1.58% compared to the stock's 0.46%. This indicates that while the stock has seen a minor recovery, it is still lagging behind the benchmark index. The stock's moving averages indicate that it is above the 5-day and 20-day averages but below the longer-term averages, which may suggest mixed investor sentiment. Overall, while there are signs of increased trading activity and a minor price increase, the stock's longer-term performance remains concerning relative to both its historical returns and the broader market.