Why is Amit Securities falling/rising?

As of 24-Jun, Amit Securities Ltd is experiencing a price increase, with its current price at Rs. 21.82, reflecting a change of 0.42 (1.96%) upward. The stock has recently hit a new 52-week high and has been on a consecutive gain streak for the last 21 days, resulting in an impressive 108.4% return during this period. Additionally, the stock has outperformed its sector by 0.83%. However, despite these positive movements, there are concerns regarding the company's long-term fundamental strength, as indicated by a weak Return on Capital Employed (ROCE) of 0.03% and a poor EBIT to Interest ratio of -0.03. The company's operating profit growth has been modest at an annual rate of 2.64% over the last five years, and it has a very expensive valuation with a Price to Book Value of 1.1.
In the broader market context, Amit Securities has significantly outperformed the Sensex, with a 1-week return of +10.26% compared to the Sensex's +0.58%, and a remarkable 1-month return of +149.94% against the Sensex's +0.41%. This strong short-term performance highlights the stock's momentum in contrast to the overall market. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 85.68% against the 5-day average, which may indicate potential concerns about sustainability in the stock's upward trajectory.