Why is Alacrity Sec. falling/rising?

As of 10-Jul, Alacrity Securities Ltd is currently priced at Rs 60.70, reflecting an increase of Rs 1.2 or 2.02%. Despite this uptick, the stock has shown a significant decline over the past week, down 8.72%, and a year-to-date drop of 60.24%. Today's performance indicates that the stock outperformed its sector by 1.89%, reaching an intraday high of Rs 60.74, although it also experienced a low of Rs 56.7. The stock is trading below its moving averages across various time frames, and there has been a notable decrease in investor participation, with delivery volume falling by 81.25% against the five-day average. The company is facing operational losses, with a reported PAT of Rs -5.15 crore, and has underperformed the market significantly over the past year.
In the broader market context, while the Sensex has shown a slight decline of 0.06% over the past week, Alacrity Securities has experienced a much steeper drop. The stock's performance contrasts sharply with the benchmark's positive return of 1.46% over the last year, highlighting its underperformance. The company's weak long-term fundamentals, characterized by high operating losses and an expensive valuation with a Price to Book Value of 4.6, contribute to investor skepticism. Despite the recent price increase, the overall trend indicates that the stock remains under pressure due to its financial challenges and declining investor interest.