Why is Beryl Securities falling/rising?

As of 26-Jun, Beryl Securities Ltd is experiencing a decline in its stock price, currently at Rs 28.63, which reflects a decrease of Rs 1.46 or 4.85%. The stock has underperformed its sector by 6.18% today, with erratic trading patterns noted, as it did not trade on one day out of the last 20. The stock reached an intraday high of Rs 31 but fell to a low of Rs 28.62. Additionally, the stock's performance over the past week shows a modest gain of 1.42%, but it has significantly underperformed year-to-date with a decline of 26.21%. Promoters have increased their stake by 0.81%, indicating some confidence in the company's future; however, the company is facing operating losses and poor long-term growth, which contributes to its weak fundamental strength.
In the broader market context, while the Sensex has gained 2.94% over the past week, Beryl Securities' performance has been lackluster, highlighting a significant disparity between the stock and the benchmark. The company's weak financial results, including the lowest quarterly earnings and a very expensive valuation compared to peers, further exacerbate its challenges. Despite the increase in promoter confidence, the overall negative sentiment surrounding the company's operating losses and poor long-term growth prospects has led to a decline in investor participation, contributing to the stock's downward movement.