Why is Ganges Securitie falling/rising?

As of 28-Jul, Ganges Securities Ltd is experiencing a decline in its stock price, currently at Rs 155.60, which reflects a decrease of Rs 10.65 or 6.41%. The stock has underperformed its sector by 5.04% today and has been on a downward trend for the last two days, accumulating a total loss of 7.87%. It opened with a loss of 3.1% and reached an intraday low of Rs 155.60. Over the past week, the stock has declined by 4.16%, and year-to-date, it has fallen by 22.63%, contrasting sharply with the Sensex, which has gained 3.52% during the same period. Despite a significant increase in profits by 57.1% over the past year, the stock's performance has been hindered by operating losses and weak long-term fundamentals, including a negative annual growth rate in operating profit of -5.93%.
In the broader market context, Ganges Securities Ltd's recent performance has been notably weaker than the benchmark, as indicated by its year-to-date decline of 22.63% compared to the Sensex's positive return of 3.52%. The stock's current trading situation is compounded by its premium valuation relative to peers and a low return on equity (ROE) of 0.8, which suggests that investors may be cautious. The company's operating losses and the lowest recorded PBDIT further contribute to a lack of investor confidence, leading to the stock's continued decline in value.