Why is Akme Fintrade falling/rising?

As of 01-October, Akme Fintrade (India) Ltd is experiencing a price increase, currently at 9.28, reflecting a rise of 0.63 or 7.28%. The stock has shown strong performance recently, with an 11.14% increase over the past week and a notable 33.53% rise over the last month, significantly outperforming the Sensex, which has only increased by 0.77% in the same timeframe. Today's price summary indicates that the stock has outperformed its sector by 6.79% and has been on a consecutive gain streak for the last two days. Despite a decline in delivery volume by 79.47% against the 5-day average, the stock remains liquid enough for trading. The company has reported positive results for the last five consecutive quarters, with net sales and profits reaching their highest levels, contributing to a very attractive valuation with a return on equity of 9.
In the broader market context, while Akme Fintrade has shown impressive short-term returns, the benchmark Sensex has faced a slight decline of 0.90% over the past week. This contrast highlights the stock's strong performance relative to the market, particularly given its year-to-date return of 8.67% compared to the Sensex's 3.64%. Despite a negative return of -13.67% over the past year, the company's profits have surged by 79%, indicating a potential turnaround that investors may be responding to positively. Overall, the combination of strong quarterly results and significant short-term gains suggests that investor sentiment is currently favorable towards Akme Fintrade.