Why is Titan Securities falling/rising?

As of 31-Jul, Titan Securities Ltd is experiencing a decline in its stock price, currently at 31.76, which reflects a decrease of 0.49 or 1.52%. The stock has underperformed its sector today by 0.98%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 1.06%, and over the last month, it has fallen by 3.02%. Despite a rise in delivery volume by 210.63% against the 5-day average, the stock's performance remains weak, with a significant year-to-date decline of 21.68%. The company's return on equity stands at 10.3, and while it has an attractive valuation with a price-to-book value of 0.8, it is trading at a premium compared to its peers. The stock has also faced operating losses and a substantial drop in profit after tax, which has contributed to its negative performance.
In the broader market context, Titan Securities has underperformed the benchmark, with a one-year return of -20.90% compared to the BSE500's -3.20%. This stark contrast highlights the company's struggles relative to the market, further exacerbated by its weak long-term fundamental strength and flat results in recent quarters. The stock's performance over the last three years shows a significant increase of 96.05%, but the recent trends indicate a troubling decline that has raised concerns among investors. Overall, the combination of operating losses, declining profits, and underperformance against the market has led to the stock's current downward trajectory.