Why is Capital India falling/rising?

As of 23-Jul, Capital India Finance Ltd's stock price is currently at 38.01, reflecting an increase of 1.0 or 2.7%. The stock opened with a significant gain of 8.89% today and reached an intraday high of Rs 41.85, indicating strong investor interest. Despite a recent decline of 10.06% over the past month, the stock has shown impressive performance over the past year with an 80.91% return, significantly outperforming the broader market. However, the company faces challenges, including a weak long-term fundamental strength characterized by a low return on equity (ROE) of 0.54% and a high debt-equity ratio of 1.59 times. Additionally, the company's profits have fallen by 67% over the past year, raising concerns about its valuation despite the recent price increase. In the broader market context, the stock has outperformed the benchmark Sensex, which has only gained 0.11% over the past week, while Capital India has increased by 1.66%. This short-term outperformance may be attributed to rising investor participation, as evidenced by a 72.97% increase in delivery volume. However, the stock's volatility, with an intraday fluctuation of 9.47%, suggests that investor sentiment may be mixed. Overall, while the stock's recent rise can be linked to short-term trading activity and past performance, the underlying financial weaknesses could pose risks for sustained growth.