Why is Ashika Credit falling/rising?

As of 31-Jul, Ashika Credit Capital Ltd is experiencing a rise in its stock price, currently at Rs 430.70, reflecting an increase of Rs 20.5 or 5.0%. The stock has shown strong performance recently, gaining 12.45% over the last three days and outperforming its sector by 5.54% today. Additionally, the stock has delivered impressive returns over the past year, with a 159.40% increase, and has outperformed the BSE500 index over multiple time frames, including the last three years. However, despite these positive short-term movements, the company faces significant challenges, including operating losses and a weak long-term fundamental strength, as evidenced by a dramatic decline in operating profit and negative EBITDA.
In the broader market context, Ashika Credit's recent performance stands in stark contrast to the Sensex, which has declined by 1.22% over the past week and 3.00% over the past month. This indicates that while the stock is gaining traction, the overall market sentiment may not be as favorable. The stock's liquidity appears adequate for trading, but the lack of domestic mutual fund investment suggests caution among institutional investors regarding the company's long-term prospects. Overall, while Ashika Credit is currently rising, the underlying financial issues and market conditions present a complex picture for potential investors.