Why is Amit Securities falling/rising?

As of 25-Jun, Amit Securities Ltd is experiencing a price increase, with its current price at Rs. 22.25, reflecting a change of 0.43 or 1.97% upward. The stock has reached a new 52-week high today and has shown impressive performance, gaining 93.31% over the last 21 days. Additionally, it has outperformed the sector by 1.74%. However, despite these positive movements, the company faces significant challenges, including weak long-term fundamental strength indicated by an average Return on Capital Employed (ROCE) of 0.03% and a poor EBIT to Interest ratio of -0.03. The stock's valuation appears very expensive with a Price to Book Value of 1.2, and its operating profit growth over the past five years has been minimal at 2.64%.
In the broader market context, Amit Securities has significantly outperformed the benchmark Sensex, with a 1-week return of +10.26% compared to the Sensex's +1.61%, and a remarkable 1-month return of +154.87% against the Sensex's +1.27%. This strong short-term performance highlights investor interest, despite a notable decline in delivery volume, which fell by 99.91% against the 5-day average. The stock's liquidity remains adequate for trading, but the overall weak fundamentals may raise concerns for long-term investors, suggesting that while the stock is rising in the short term, underlying issues could impact its sustainability.