Why is Arman Financial falling/rising?

As of 04-Sep, Arman Financial Services Ltd is experiencing a decline in its stock price, currently at Rs 1,410.65, which reflects a decrease of Rs 30.35 or 2.11%. Today's price summary indicates that the stock has underperformed its sector by 2.52% and has fallen after three consecutive days of gains, touching an intraday low of Rs 1,409.95. The stock's performance over the past month shows a significant decline of 13.24%, while it has generated a negative return of 17.22% over the past year. The company's financial health is concerning, as it has reported negative results for the last four consecutive quarters, with a substantial drop in profits and net sales. Despite having a strong long-term fundamental strength with an average Return on Equity (ROE) of 14.71%, the stock is trading at a premium compared to its peers, which may deter investors given its recent poor performance.
In the broader market context, the stock's short-term return of -13.24% over the past month contrasts sharply with the Sensex, which has only declined by 0.37% during the same period. This underperformance is indicative of a lack of investor confidence, further compounded by falling investor participation, as evidenced by a 24.86% drop in delivery volume compared to the five-day average. While the stock has shown positive long-term returns of 144.27% over the past five years, its recent trajectory suggests a troubling outlook, especially as it has underperformed the BSE500 index over multiple time frames.