Why is Apoorva Leasing falling/rising?

As of 16-Jul, Apoorva Leasing Finance & Investment Co Ltd is experiencing a price increase, currently at Rs 38.58, reflecting a rise of 1.83 or 4.98%. The stock has shown strong performance recently, gaining 10.23% over the last two days and outperforming its sector by 5.21% today. Over the past week, the stock has increased by 7.26%, while its one-year return stands at 13.44%, significantly higher than the broader market's return of 2.38%. However, despite these positive short-term movements, the company faces challenges such as operating losses and a decline in net sales and operating profit, which have contributed to a weak long-term fundamental strength.
Broader market context indicates that while Apoorva Leasing has outperformed the Sensex in the short term, it has struggled year-to-date with a decline of 28.78%, contrasting sharply with the Sensex's gain of 5.75%. The stock's recent gains come amid erratic trading patterns and a significant drop in investor participation, as evidenced by a 98.36% decrease in delivery volume. Additionally, the stock's valuation appears expensive relative to its peers, with a low return on equity and declining profits over the past year, which may temper investor enthusiasm despite the recent price rise.