Why is Emk.Global Fin. falling/rising?

As of 25-Jun, Emkay Global Financial Services Ltd is experiencing a price increase, currently at 223.75, reflecting a change of 4.35 or 1.98% upward. Today's price summary indicates that the stock has outperformed its sector by 1.37% and has shown a trend reversal after eight consecutive days of decline. While the stock has a one-month return of 4.46%, it has faced a year-to-date decline of 29.01%. Despite this, the stock has generated a notable return of 33.18% over the past year, significantly higher than the market's return of 3.43%. The company also boasts a very attractive valuation with a return on equity (ROE) of 22.4 and a low PEG ratio of 0.1, although it faces challenges with weak long-term fundamental strength and negative recent financial results.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has underperformed over the past week with a decline of 4.87% compared to the Sensex's gain of 1.61%. The rising investor participation, indicated by a 55.3% increase in delivery volume, suggests renewed interest in the stock, which may help stabilize its price. However, the lack of domestic mutual fund investment, holding only 0% of the company, raises concerns about the stock's perceived value among institutional investors. Overall, while the stock is currently rising, its long-term outlook remains uncertain due to mixed financial indicators and market sentiment.