Why is Bridge Securitie falling/rising?

As of 19-Sep, Bridge Securities Ltd is experiencing a decline in its stock price, currently at 14.05, which reflects a decrease of 0.2 or 1.4%. Today's price summary indicates that the stock has underperformed its sector by 1.25%. Despite being higher than the 20-day, 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day moving average. The stock has shown strong performance over the past year with a return of 210.84%, and consistent returns over the last three years, but it is facing challenges due to operating losses and weak long-term fundamental strength. The company’s recent financial results have been disappointing, with the lowest PBDIT and PBT figures recorded, which could be contributing to the current price decline.
In the broader market context, the stock's short-term performance over the past week shows a decline of 3.77%, while the Sensex has increased by 0.88%, indicating that the stock is lagging behind the overall market. Although the stock has generated a significant return year-to-date of 36.67% compared to the Sensex's 5.74%, the recent operating losses and high valuation metrics, such as a Price to Book Value of 18.5, suggest that investors may be reassessing their positions. The rising investor participation, as indicated by the increase in delivery volume, may not be sufficient to counterbalance the negative sentiment stemming from the company's financial performance.