Why is Bridge Securitie falling/rising?

As of 25-Jul, Bridge Securities Ltd is experiencing a price increase, with its current price at 10.78, reflecting a change of 0.13 or 1.22% upward. The stock has shown strong performance recently, outperforming its sector by 3.34% today and has gained consecutively for the last three days, accumulating a total return of 2.37% in that period. Over the past week, the stock has risen by 2.47%, and it has delivered an impressive 120.90% return over the past year, significantly outpacing the negative return of -0.19% from the broader market (BSE500). However, despite this strong performance, the company is facing challenges such as operating losses and weak long-term fundamental strength, which could impact investor sentiment.
In the broader market context, while the stock has shown remarkable short-term returns, the finance/NBFC sector has declined by -2.13%, indicating a contrasting performance between the stock and its sector. The stock's liquidity is adequate, with a delivery volume that has increased significantly, suggesting rising investor participation. Nonetheless, the company’s high valuation metrics, such as a Price to Book Value of 14.2 and operating losses, raise concerns about its long-term sustainability. This juxtaposition of strong short-term performance against underlying financial weaknesses may create a complex outlook for investors considering the stock's future trajectory.