Why is Arnold Holdings falling/rising?

As of 17-Sep, Arnold Holdings Ltd has seen a price increase of 0.21, representing a 0.92% rise. Despite this uptick, the stock has been underperforming in the longer term, with a year-to-date decline of 47.70% and a one-year drop of 55.61%. Today's performance indicates a trend reversal, as the stock has gained after two consecutive days of decline. It is currently trading 4.18% above its 52-week low, and there has been a significant increase in investor participation, with delivery volume rising by 157.42% compared to the five-day average. However, the stock is trading below all key moving averages, which suggests ongoing weakness in its price trend.
In the broader market context, the Sensex has shown a positive return of 1.56% over the past week, contrasting with Arnold Holdings' decline of 0.52% during the same period. This underperformance relative to the benchmark highlights the challenges the company faces in regaining investor confidence. While the stock has outperformed its sector by 0.98% today, the overall negative returns over the past month and year indicate that broader market conditions may not be favoring Arnold Holdings at this time.