Why is Emk.Global Fin. falling/rising?

As of 16-Jul, Emkay Global Financial Services Ltd's stock price is currently at 257.40, reflecting a decrease of 0.6, or 0.23%. The stock has shown a positive performance over the past week and month, with returns of 2.61% and 6.76%, respectively. Today's trading indicates that the stock is performing inline with its sector, and it is trading above its moving averages across various time frames. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 69.83% compared to the 5-day average. However, despite a strong one-year return of 58.35% and a significant increase in profits, the stock's long-term fundamentals are questioned due to a lower average Return on Equity (ROE) of 10.86% and negative results reported for the latest quarter.
In the broader market context, while Emkay Global has outperformed the benchmark Sensex in the short term, with a 2.61% increase compared to the Sensex's decline of 1.08% over the past week, its year-to-date performance is concerning, showing a decline of 18.34% against the Sensex's gain of 5.75%. The lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the stock's valuation or business prospects. Overall, while short-term movements are positive, the long-term outlook remains uncertain due to fundamental weaknesses and recent negative financial results.