Why is Cont. Securities falling/rising?

As of 25-Jun, Continental Securities Ltd is experiencing a price increase, currently at Rs 16.30, reflecting a rise of Rs 1.1 or 7.24%. The stock has shown strong performance today, outperforming its sector by 6.63% and reaching an intraday high of Rs 16.55, which is an increase of 8.88%. Over the past week, the stock has surged by 14.79%, while its one-year return stands at an impressive 87.14%, significantly higher than the market's average return of 3.43%. Despite this positive momentum, the stock is trading at a premium compared to its peers and has a relatively weak long-term fundamental strength, indicated by an average Return on Equity (ROE) of 7.13%.
In the broader market context, the stock's recent performance is notably strong compared to the benchmark, as it has outperformed the Sensex, which only increased by 1.61% over the past week. The rising investor participation, with a notable increase in delivery volume, suggests growing interest in the stock, which may be contributing to its upward price movement. However, it is important to consider that while the stock has performed well in the short term, its year-to-date performance shows a decline of 35.06%, indicating potential volatility and concerns about its long-term sustainability.