Why is Alacrity Sec. falling/rising?

As of 29-Jul, Alacrity Securities Ltd's stock price is currently at Rs 58.04, reflecting an increase of Rs 2.93 or 5.32%. Today's performance indicates that the stock opened with a gain of 2.89% and reached an intraday high of Rs 58.04, outperforming its sector by 4.86%. However, it also hit a new 52-week low of Rs 53.64 earlier in the day. Despite this short-term rise, the stock has experienced a significant decline of 61.98% year-to-date and a 34.08% drop over the past year, indicating underlying weaknesses. The company's operating losses, with a PAT of Rs -5.15 crore and a net sales figure of Rs 84.29 crore, contribute to its weak long-term fundamental strength, which may be impacting investor sentiment.
In the broader market context, Alacrity Securities Ltd's recent performance contrasts with the benchmark Sensex, which has shown a decline of 1.03% over the past week and a modest gain of 4.09% year-to-date. While the stock has outperformed the sector today, its overall returns over the last year have been substantially worse than the market, which has only fallen by 2.26%. This disparity highlights the stock's struggles, particularly given its high valuation metrics, such as a Price to Book Value of 4.2, and the falling investor participation, which saw a 17.32% drop in delivery volume against the 5-day average.