Why is Arman Financial falling/rising?

As of 22-Aug, Arman Financial Services Ltd is experiencing a decline in its stock price, currently at Rs 1,466.40, which reflects a decrease of Rs 41.75 or 2.77%. The stock has underperformed its sector by 2.33% today and has been on a downward trend for the last two days, with a total decline of 3.97% during this period. Additionally, the stock has shown mixed performance over various time frames, with a 1-week increase of 6.18%, but a significant 1-month decline of 13.14%. The company has reported negative results for the last four consecutive quarters, with a substantial drop in profits and net sales, contributing to a negative sentiment among investors.
In the broader market context, while the Sensex has gained 0.88% over the past week, Arman Financial's recent performance has been lackluster, particularly with a year-to-date return of 17.96% compared to the Sensex's 4.05%. The stock's liquidity is adequate for trading, but a notable drop in delivery volume indicates falling investor participation, which may further pressure the stock price. The company's strong long-term fundamental strength, indicated by an average Return on Equity (ROE) of 14.71%, contrasts sharply with its recent poor performance, leading to a premium valuation compared to peers. This combination of negative financial results and declining investor interest is likely driving the stock's recent downward movement.