Why is Beryl Securities falling/rising?

As of 01-Jul, Beryl Securities Ltd is experiencing a price increase, currently at 29.67, reflecting a change of 0.67 or 2.31% upward. The stock has outperformed its sector today by 2.45% and has shown a consecutive gain over the last two days, with a total return of 5.96% during this period. Additionally, the stock has a 1-week return of +3.52%, although it has seen a decline of -4.29% over the past month. Promoters have increased their stake by 0.81%, indicating rising confidence in the company's future, despite the company facing operating losses and weak long-term fundamentals, which could temper investor enthusiasm.
In the broader market context, Beryl Securities' recent performance has outpaced the Sensex, which has gained 2.00% over the same week. However, the stock's year-to-date performance remains concerning, with a decline of -23.53% compared to the Sensex's increase of +7.11%. While the stock's short-term gains are encouraging, the long-term outlook is clouded by poor operating profit growth and a high valuation relative to its peers, which may affect investor sentiment moving forward.