Why is Arnold Holdings falling/rising?

As of 11-Aug, Arnold Holdings Ltd is experiencing a decline in its stock price, currently at Rs 24.30, which reflects a decrease of Rs 1.24 or 4.86%. Today's price summary indicates that the stock has underperformed its sector by 5.55% and has fallen after two consecutive days of gains. The stock reached an intraday high of Rs 26.92 but also touched a low of Rs 23.49, indicating high volatility with an intraday fluctuation of 6.78%. Over the past week, the stock has shown a positive return of 2.49%, but over the last month, it has declined by 4.86%. Year-to-date, the stock is down 44.62%, which is significantly worse than the benchmark Sensex, which has gained 3.15% during the same period. The stock's moving averages suggest that while it is higher than the 5-day moving average, it remains lower than the 20, 50, 100, and 200-day moving averages. There is also a notable increase in investor participation, with delivery volume rising by 1131.89% against the 5-day average.
In the broader market context, Arnold Holdings' short-term performance contrasts sharply with the benchmark Sensex, which has shown a decline of only 0.51% over the past week and a modest gain of 3.15% year-to-date. This underperformance may reflect broader market sentiments or specific challenges faced by the company. The significant drop in the stock price, alongside high volatility and a wide trading range, suggests that investor sentiment may be cautious, particularly given the stock's substantial year-to-date decline. The lack of positive factors in the provided data further emphasizes the challenges the company is facing in the current market environment.