Why is Cont. Securities falling/rising?

As of 09-Jul, Continental Securities Ltd is experiencing a price increase, with its current price at 17.15, reflecting a rise of 0.15 or 0.88%. The stock has shown strong performance recently, gaining 5.21% over the last two days and outperforming its sector by 0.5%. In terms of returns, the stock has increased by 3.94% over the past week and 14.33% over the past month, while it has generated an impressive 102.24% return over the last year. Despite this positive momentum, there are concerns regarding falling investor participation, as the delivery volume has decreased significantly by 47.86% compared to the 5-day average. The stock is trading at a premium relative to its peers, with a Price to Book Value of 3.4, and while it has a fair valuation with a Return on Equity (ROE) of 10.6, its long-term fundamental strength is considered weak with an average ROE of 7.13%.
Broader market context indicates that while Continental Securities has outperformed the benchmark Sensex in both the short and long term, with a 3.94% increase over the past week compared to the Sensex's 0.15%, the stock's year-to-date performance is concerning, showing a decline of 31.67% against the Sensex's gain of 6.91%. This divergence highlights the stock's volatility and potential risks despite its recent gains. The overall market sentiment appears to favor the stock in the near term, but the long-term outlook remains uncertain due to flat results reported in March and the declining investor participation, which could impact future performance.