Why is Arman Financial falling/rising?

As of 15-Sep, Arman Financial Services Ltd's stock price is currently at 1,477.25, reflecting an increase of 38.25, or 2.66%. The stock has shown a positive trend today, gaining after three consecutive days of decline, and has outperformed its sector by 2.19%. It reached an intraday high of Rs 1485, indicating a strong performance relative to its recent lows. Despite this, the stock has faced challenges, including a significant drop in investor participation, with delivery volume falling by 40.42% compared to the five-day average. Over the past week, the stock has increased by 2.23%, and it has also performed well over the past month with a 7.59% gain, although it has seen a decline of 13.55% over the past year. In the broader market context, the stock's recent performance has outpaced the Sensex, which has only increased by 1.24% over the same week. However, the long-term outlook remains concerning, as the company has reported negative results for the last four consecutive quarters, with a significant drop in profits and net sales. While the stock is trading at a fair valuation compared to its peers, the overall negative sentiment stemming from its financial performance and declining cash reserves may weigh on investor confidence. Despite the recent uptick, the stock's long-term performance has been below par, particularly in comparison to the BSE500 index over the last three years.