Why is Dhruva Cap.Serv. falling/rising?

As of 04-Jul, Dhruva Capital Services Ltd is experiencing a price increase, currently at Rs 193.70, reflecting a rise of 9.2 points or 4.99%. The stock has been on an upward trend, gaining for the last eight consecutive days and achieving a total return of 34.7% during this period. It opened with a gain of 4.61% today and reached an intraday high of Rs 193.70. However, despite these short-term gains, the stock has significantly underperformed over the past year, with a return of -49.86%, and has a weak long-term fundamental strength indicated by an average Return on Equity (ROE) of 7.59%. The stock is also trading at a premium compared to its peers, which may contribute to its volatility.
In the broader market context, the stock has outperformed the Sensex by 4.86% today, while the benchmark index has shown a slight decline of 0.74% over the past week. Despite the recent positive movement, the stock's long-term performance remains concerning, as it has generated negative returns of -49.86% over the last year, contrasting sharply with the Sensex's gain of 4.23% during the same period. Additionally, there is a notable decline in investor participation, with delivery volume dropping by 82.19% against the five-day average, suggesting that while the stock is rising in the short term, there are underlying weaknesses that could affect its sustainability.