Why is Cont. Securities falling/rising?

As of 24-Jun, Continental Securities Ltd is currently priced at 15.20, reflecting a decrease of 0.23 or 1.49%. The stock has recently underperformed its sector by 2.41% and has experienced a trend reversal, falling after five consecutive days of gains. While the stock has shown a strong performance over the past year with a return of 70.79%, it has declined by 5.06% over the last month. The stock is trading at a premium compared to its peers, with a fair valuation indicated by a Price to Book Value of 3.1. Despite a rising investor participation, as evidenced by a significant increase in delivery volume, the stock's long-term fundamental strength appears weak, with an average Return on Equity of 7.13%.
In the broader market context, the stock's short-term performance over the past week has outpaced the Sensex, gaining 9.12% compared to the benchmark's 0.58%. However, the stock's year-to-date performance is concerning, with a decline of 39.44%, while the Sensex has increased by 5.01%. This stark contrast highlights the stock's volatility and potential investor apprehension, especially given the flat results reported in March 2025. Overall, while there are positive aspects to the stock's recent performance, the combination of underperformance in the short term and weak long-term fundamentals contributes to its current decline.