Why is Amit Securities falling/rising?

As of 03-Sep, Amit Securities Ltd is experiencing a price increase, currently at Rs. 36.95, reflecting a change of 0.72 or 1.99% upward. The stock has recently hit a new 52-week high today, although it has underperformed its sector by 1.07%. Over the past week, the stock has shown a strong return of 8.20%, contrasting with a slight decline of 0.27% in the Sensex. However, the stock's long-term fundamentals appear weak, with a low Return on Capital Employed (ROCE) of 0.03% and a concerning EBIT to Interest ratio of -0.03, indicating challenges in servicing its debt. Additionally, the company reported flat results in June, with its earnings metrics at their lowest, which may contribute to investor caution despite the recent price rise.
In the broader market context, while Amit Securities has outperformed the Sensex in the short term, the overall market sentiment appears mixed, as indicated by the sector's gain of 3.07%. The stock's liquidity is adequate for trading, but there has been a significant drop in delivery volume, down 96.41% from the 5-day average, suggesting a decline in investor participation. This erratic trading behavior, combined with the stock's weak long-term growth prospects and high valuation metrics, may lead to volatility in its price movements moving forward.