Why is Cont. Securities falling/rising?

As of 23-Jun, Continental Securities Ltd is experiencing a price increase, currently at 15.43, reflecting a rise of 0.73 or 4.97%. The stock has shown strong performance recently, gaining 10.77% over the past week and outperforming its sector by 4.44% today. It has been on a consecutive gain streak for four days, indicating positive momentum. Despite a year-to-date decline of 38.53%, the stock has generated a remarkable return of 69.00% over the past year, with profits rising by 71%. The stock is trading at a premium compared to its peers, with a fair valuation indicated by a Price to Book Value of 3.1 and a PEG ratio of 0.5, suggesting that the stock's recent upward movement is supported by strong earnings growth.
In the broader market context, the stock's short-term return of 10.77% over the past week significantly outpaces the Sensex's modest gain of 0.12% during the same period. This indicates that investor interest in Continental Securities Ltd is growing, as evidenced by a 37.1% increase in delivery volume. However, it is important to note that the stock has a weak long-term fundamental strength, with an average Return on Equity (ROE) of 7.13%, which could pose risks for future performance. Overall, the recent price rise can be attributed to strong short-term performance and investor participation, despite underlying concerns regarding long-term fundamentals.