Why is Arman Financial falling/rising?

As of 11-Jun, Arman Financial Services Ltd is experiencing a rise in its stock price, currently at 1,760.00, reflecting an increase of 66.0 or 3.9%. The stock has shown strong performance recently, gaining 17.67% over the last six days and outperforming its sector by 4.48% today. It has also been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. Despite the positive short-term momentum, the company has faced challenges, including negative results for the last three consecutive quarters, with significant declines in profit before tax and profit after tax compared to previous averages. Additionally, the stock's valuation appears high relative to its peers, with a Price to Book Value of 2.1, which may raise concerns among investors.
In the broader market context, Arman Financial's recent performance stands out, as it has achieved a 22.73% return over the past month, significantly higher than the Sensex's 3.85% during the same period. However, it is important to note that the stock has underperformed over the past year, with a return of -23.45% compared to the Sensex's 7.92%. This discrepancy highlights the stock's volatility and the mixed signals it presents to investors, as it has shown strong short-term gains while struggling with long-term profitability and valuation concerns.