Why is Bridge Securitie falling/rising?

As of 31-Jul, Bridge Securities Ltd is currently priced at 11.06, reflecting a decrease of 0.19, or 1.69%. Today's price summary indicates that the stock has underperformed its sector by 1.15%, despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has shown strong performance in the longer term, with a 144.69% return over the past year and significant gains over 3 and 5 years. However, the company is facing challenges, including operating losses and weak long-term fundamental strength, as evidenced by its lowest quarterly PBDIT and PBT figures. While the stock has outperformed the BSE500 in recent periods, the high Price to Book Value ratio suggests it may be overvalued relative to its peers.
In the broader market context, the stock's short-term performance has been positive, with a 3.85% increase over the past week, contrasting with a 1.22% decline in the Sensex. However, the declining delivery volume indicates falling investor participation, which could be a concern for future price movements. Despite the stock's impressive long-term returns, the recent operating losses and high valuation metrics may lead investors to reassess their positions, contributing to the current downward price movement.