Why is Titan Securities falling/rising?

As of 24-Jun, Titan Securities Ltd is experiencing a decline in its stock price, currently at 32.12, which reflects a decrease of 0.17 or 0.53%. The stock has underperformed its sector by 1.45% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 4.97% during this period. Over the past week, Titan Securities has seen a return of -4.52%, and its year-to-date performance shows a significant decline of 20.79%. Despite a rising delivery volume, which increased by 184.4% against the 5-day average, the stock is trading below all its moving averages, indicating a bearish trend. The company's fundamentals are also concerning, with operating losses and a significant drop in profit after tax, which fell by 46.8% compared to the previous quarter's average.
In the broader market context, while the Sensex has shown a slight increase of 0.58% over the past week, Titan Securities has notably lagged behind, reflecting a stark contrast in performance. The stock's negative returns of -24.05% over the past year further highlight its underperformance compared to the broader market, which has generated positive returns of 2.98%. Although the company has an attractive valuation with a price-to-book value of 0.8 and a return on equity of 10.3%, these factors are overshadowed by its weak long-term fundamentals and recent operating losses, contributing to the stock's downward trajectory.