Why is Amit Securities falling/rising?

As of 06-Oct, Amit Securities Ltd is experiencing a price increase, currently at Rs 39.99, reflecting a rise of 1.9 or 4.99%. Today's price summary indicates that the stock has outperformed its sector by 5.68% and has shown a trend reversal after two consecutive days of decline. Despite opening with a loss of 4.99%, the stock reached an intraday high of Rs 39.99. However, it has also faced challenges, such as a significant drop in delivery volume by 80.14% compared to the 5-day average, and weak long-term fundamentals, including a low Return on Capital Employed (ROCE) of 0.03% and poor growth in operating profit over the last five years. These factors suggest that while there is a short-term price increase, the long-term outlook remains concerning.
In the broader market context, the stock's performance over the past week shows a decline of 0.50%, contrasting with the Sensex, which has gained 1.77%. Over the past month, however, Amit Securities has outperformed the benchmark with a return of 6.13% compared to the Sensex's 1.34%. This indicates that while the stock is currently rising, it has faced volatility and challenges that may affect investor confidence in the long run. The weak fundamentals and high valuation metrics could lead to skepticism among investors, despite the recent price uptick.