Why is Apoorva Leasing falling/rising?

As of 03-Jul, Apoorva Leasing Finance & Investment Co Ltd's stock price is currently at Rs 36.00, reflecting an increase of Rs 1.5 or 4.35%. The stock has shown a strong performance today, outperforming its sector by 4.87% and has been on a consecutive gain for the last two days, resulting in a total return of 9.52% during this period. Despite this positive short-term movement, the stock has experienced a significant decline of 33.54% year-to-date and a 1.96% drop over the past year. The company is facing challenges with operating losses and poor long-term growth, as evidenced by a -43.93% annual rate in net sales and a -35.45% decline in operating profit. Additionally, the stock's valuation appears expensive relative to its peers, with a low return on equity of 0.3 and a price-to-book value of 0.5, which may deter long-term investors.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 6.53% year-to-date. Over the past week, Apoorva Leasing has outperformed the Sensex, which has declined by 0.62%, indicating a short-term positive sentiment among investors despite the company's underlying financial difficulties. However, the falling investor participation, as indicated by an 80.4% drop in delivery volume compared to the five-day average, raises concerns about the sustainability of this upward price movement. Overall, while the stock is experiencing a temporary rise, the long-term fundamentals suggest caution for potential investors.