Why is Arnold Holdings falling/rising?

As of 22-Sep, Arnold Holdings Ltd is experiencing a decline in its stock price, currently at Rs 22.55, which reflects a decrease of Rs 0.67 or 2.89%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 5.25% during this period. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The stock is also close to its 52-week low, just 2.48% away from Rs 21.99. Furthermore, investor participation has decreased significantly, with delivery volume dropping by 56.43% compared to the 5-day average, indicating a lack of interest from investors.
In the broader market context, Arnold Holdings' performance has been notably poor compared to the benchmark Sensex, which has gained 0.46% over the past week while Arnold Holdings has declined by 2.89%. Over the past month, the stock has fallen by 4.04%, contrasting sharply with the Sensex's 1.05% increase. Year-to-date, Arnold Holdings has seen a staggering decline of 48.61%, while the Sensex has risen by 5.15%. This stark difference highlights the stock's struggles in a generally positive market environment, further contributing to its downward trajectory.