Why is Arihant's Secur. falling/rising?

As of 17-Sep, Arihants Securities Ltd is currently priced at 23.88, reflecting a slight increase of 0.08 or 0.34%. The stock has shown positive momentum recently, gaining for two consecutive days with a total return of 0.46% during this period. Additionally, the stock has outperformed its sector by 0.4%. Notably, the delivery volume has increased significantly, rising by 71.02% compared to the 5-day average, indicating rising investor participation. However, despite these positive indicators, the stock has experienced a decline of 2.25% over the past month and a substantial drop of 27.02% year-to-date, suggesting underlying challenges that may be affecting its overall performance.
In the broader market context, the Sensex has outperformed Arihants Securities Ltd in both the short-term and year-to-date comparisons, with the benchmark gaining 1.56% over the past week and 2.60% over the last month. This contrasts with Arihants' returns of 0.76% and -2.25%, respectively. While the stock has shown some positive movement recently, the overall trend indicates that it has not kept pace with the broader market, which may contribute to investor sentiment and trading behavior.