Why is Arman Financial falling/rising?

As of 15-Jul, Arman Financial Services Ltd is experiencing a slight increase in its stock price, currently at 1,668.20, reflecting a change of 2.25 or 0.14% upward. The stock has shown a trend reversal by gaining after two consecutive days of decline, although it has underperformed its sector by 0.67% today. Over the past week, the stock has decreased by 3.69%, while its year-to-date performance remains strong with a 34.20% increase. Despite this, the stock has faced challenges, including a significant drop in profits over the past year, with a return of -18.47% compared to the Sensex's 2.36% increase. The company has declared negative results for the last three consecutive quarters, which has contributed to investor concerns.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has underperformed the market over the last year while the BSE500 has generated returns of 0.37%. Despite the stock's current upward movement, it is trading at a premium compared to its peers and has shown a decline in profitability, with a 70% drop in profits over the past year. The rising investor participation, indicated by a 31.61% increase in delivery volume, suggests some renewed interest, but the overall negative results and the stock's historical underperformance may continue to weigh on its price movements.