Why is Alacrity Sec. falling/rising?

As of 25-Jun, Alacrity Securities Ltd is currently priced at Rs 62.00, showing no change (0.00%). The stock has been underperforming significantly, with a 1-week return of -8.57% and a year-to-date decline of -59.38%. Today's performance indicates that it is trading lower than all key moving averages, and it is close to its 52-week low, just 1.61% away. Additionally, investor participation has decreased, with delivery volume falling by 47.1% compared to the 5-day average. The company is facing substantial operational challenges, including a quarterly net profit after tax of Rs -5.15 crore, which has plummeted by 615.3%, and the lowest net sales recorded at Rs 84.29 crore. These factors contribute to a weak long-term fundamental strength and an expensive valuation, as indicated by a price-to-book value of 4.7.
In the broader market context, Alacrity Securities Ltd has significantly underperformed compared to the benchmark Sensex, which has gained 1.61% over the past week while the stock has dropped. Over the last year, the stock has generated a return of -32.24%, contrasting sharply with the market's positive return of 3.43%. This stark difference highlights the stock's struggles in attracting investor confidence, particularly in light of its operating losses and declining sales figures. Overall, the combination of poor financial performance and negative market sentiment has led to the stock's continued decline.