Why is Centrum Capital falling/rising?

As of 11-Sep, Centrum Capital Ltd is experiencing a price increase, currently at 36.46, reflecting a change of 0.63 or 1.76% upward. The stock has been gaining for the last two days, with a total return of 2.62% during this period. It has outperformed its sector by 1.87% today, and the delivery volume has significantly increased by 82.19% compared to the 5-day average, indicating rising investor participation. However, the stock's long-term fundamental strength is weak, evidenced by an average Return on Equity (ROE) of 0% and a high debt-equity ratio of 58.09 times. The stock is also trading at a premium compared to its peers, which, combined with a significant percentage of pledged promoter shares, poses risks that could exert downward pressure on the stock price.
In the broader market context, the stock's short-term performance has been underwhelming, with a 1-week return of -0.65%, while the Sensex has gained 1.03% in the same period. Despite this, Centrum Capital has shown a year-to-date return of 10.28%, outperforming the Sensex's 4.36% during the same timeframe. The recent upward movement in the stock price may be attributed to increased trading activity and investor interest, despite the underlying concerns regarding its financial health and valuation.