Why is Beryl Securities falling/rising?

As of 20-Jun, Beryl Securities Ltd is experiencing a price increase, currently at Rs 29.64, reflecting a rise of 1.41 or 4.99%. The stock has shown a strong performance today, outperforming its sector by 3.42%. Additionally, the stock has seen a significant increase in investor participation, with a delivery volume rise of 31.51% compared to the 5-day average. Over the past week, the stock has gained 9.94%, while its performance over the past month is up by 2.38%. However, it is important to note that the company has been facing challenges, including operating losses and a weak long-term fundamental strength, which may impact investor sentiment despite the recent price rise.
In the broader market context, Beryl Securities' short-term performance has significantly outpaced the Sensex, which has only increased by 1.59% over the same week. While the stock has shown positive momentum recently, it is still down 23.61% year-to-date compared to the Sensex's gain of 5.46%. The increase in promoter confidence, with a 0.81% rise in their stake, suggests a belief in the company's future potential, which may be contributing to the stock's recent upward movement. However, the company's ongoing operating losses and high valuation relative to its peers indicate that caution may still be warranted for long-term investors.