Why is Finkurve Fin. falling/rising?

As of 15-Sep, Finkurve Financial Services Ltd is currently priced at 104.50, reflecting an increase of 0.55 (0.53%). The stock has been gaining for the last two days, with a total return of 4.55% during this period. Despite a recent uptick, the stock has experienced a decline of 3.24% over the past month and a significant drop of 12.92% year-to-date. The company has reported positive results for the last eight consecutive quarters, with net sales growing by 54.81% in the latest six months and achieving the highest operating profit to net sales ratio at 36.38%. However, the stock's long-term fundamental strength is weak, evidenced by an average return on equity of only 8.00% and a high price-to-book value of 7.4, indicating it is trading at a premium compared to peers.
In the broader market context, Finkurve's short-term performance of +6.25% over the past week significantly outpaces the Sensex's return of +1.24%. This indicates that while the stock is currently experiencing a positive movement, it has underperformed the benchmark over longer periods, including a -12.11% return over the past year compared to the Sensex's -1.33%. The rising investor participation, as shown by a 23.45% increase in delivery volume, suggests growing interest, yet the absence of domestic mutual fund investment may reflect a lack of confidence in the stock's valuation. Overall, while recent gains are encouraging, the stock's long-term outlook remains uncertain due to fundamental weaknesses.