Why is Bridge Securitie falling/rising?

As of 09-Jul, Bridge Securities Ltd is experiencing a price increase, currently at 10.89, reflecting a rise of 0.38 or 3.62%. The stock has shown strong performance recently, outperforming the sector by 3.24% today and trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has gained 3.22%, and it has delivered an impressive return of 170.63% over the past year, significantly outpacing the market's return of 1.43%. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 13.92% compared to the 5-day average, which may indicate some caution among investors despite the stock's strong performance.
In the broader market context, the stock's short-term return of 3.22% over the past week is substantially higher than the Sensex's modest gain of 0.15%. While the stock has demonstrated remarkable returns over the past year, it is facing challenges such as operating losses and weak long-term fundamental strength, which could impact its future performance. The company's high valuation, indicated by a Price to Book Value of 14.4, coupled with a PEG ratio of 0.3, suggests that while the stock has performed well, it may be considered expensive relative to its earnings growth. These mixed signals highlight the complexity of the stock's current upward movement amidst underlying financial concerns.