Why is Cont. Securities falling/rising?

As of 03-Jul, Continental Securities Ltd is experiencing a price increase, with its current price at 16.99, reflecting a rise of 0.49 or 2.97%. Despite a recent decline of 4.1% over the last two days, the stock has shown strong performance in the longer term, with a 93.29% return over the past year and a 243.93% increase over the last three years. The stock is currently trading above its 20-day and 50-day moving averages, although it is below the 5-day, 100-day, and 200-day moving averages. Additionally, there has been a rise in investor participation, with a 3.19% increase in delivery volume compared to the 5-day average, indicating renewed interest. However, the stock is trading at a premium compared to its peers, and while it has shown significant returns, its long-term fundamental strength is considered weak due to an average return on equity of 7.13%.
In the broader market context, Continental Securities Ltd has outperformed the Sensex in the short term, with a 5.14% increase over the past week compared to a decline of 0.62% in the benchmark index. This positive short-term performance contrasts with the stock's year-to-date decline of 32.31%, while the Sensex has gained 6.53% during the same period. The stock's ability to generate substantial returns over the past year and outperform broader indices in the long term suggests a strong market position, despite some recent volatility and concerns regarding its fundamental strength.