Why is Amit Securities falling/rising?

As of 27-Jun, Amit Securities Ltd is experiencing a price increase, currently at Rs. 22.69, reflecting a change of 0.44 or 1.98% upward. The stock has recently hit a new 52-week high and has outperformed its sector by 1.44%. Over the past week, it has shown a significant return of 8.10%, and an impressive 97.13% return over the past month. However, there are concerns regarding its long-term fundamentals, with a weak Return on Capital Employed (ROCE) of 0.03% and a poor EBIT to Interest ratio of -0.03, indicating challenges in servicing its debt. Additionally, the stock's delivery volume has seen a drastic decline of 88.73% against the 5-day average, suggesting falling investor participation.
In the broader market context, while Amit Securities has outperformed the Sensex in the short term, with a 1-week return of 8.10% compared to the Sensex's 2.00%, the overall market sentiment remains cautious due to the company's weak long-term growth prospects. The Sensex has shown a modest year-to-date return of 7.58%, which contrasts with Amit Securities' remarkable short-term performance. Despite the stock's recent gains, the underlying issues regarding its financial health and declining trading volume may temper investor enthusiasm moving forward.