Why is Amit Securities falling/rising?

As of 30-Jun, Amit Securities Ltd is experiencing a price increase, currently at Rs. 23.14, reflecting a rise of 0.45 or 1.98%. The stock has recently hit a new 52-week high and has outperformed its sector by 2.33%. Over the past week, the stock has gained 8.13%, and in the last month, it has surged by 65.88%. Additionally, it has shown consistent performance with a 4% increase over the last two days. However, despite these positive movements, the company faces challenges such as weak long-term fundamental strength, indicated by a low Return on Capital Employed (ROCE) of 0.03% and a poor EBIT to Interest ratio of -0.03. The stock's valuation appears expensive with a Price to Book Value of 1.2, and while profits have increased by 3% over the past year, the overall return has been flat.
In the broader market context, Amit Securities has significantly outperformed the Sensex, which has only increased by 2.09% over the past week and 2.65% over the last month. This stark contrast highlights the stock's strong short-term performance relative to the benchmark. However, the company's long-term growth prospects remain uncertain due to its weak fundamentals, which could impact investor sentiment moving forward. Despite the current upward trend, the underlying financial weaknesses may pose risks that could affect future price movements.