Why is Finkurve Fin. falling/rising?

As of 13-Nov, Finkurve Financial Services Ltd's stock price is rising, currently at Rs 118.40, reflecting an increase of Rs 10.75 or 9.99%. The stock has shown strong performance today, outperforming its sector by 10.01% and achieving a consecutive gain over the last three days with a total return of 11.7%. It has also been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The company has reported positive results for the last eight consecutive quarters, with net sales for the last nine months at Rs 120.03 crore and the highest operating profit margin at 36.38%. However, despite these positive indicators, the stock has a weak long-term fundamental strength with an average return on equity of only 8.00%, and its profits have fallen by 2.4% over the past year.
In the broader market context, Finkurve's stock has outperformed the Sensex in the short term, with a 1-week return of 4.78% compared to the Sensex's 1.40%. While the stock has generated a return of 14.22% over the past year, it has lagged behind the benchmark's 8.11% return year-to-date. The rising investor participation, evidenced by a significant increase in delivery volume, suggests growing interest in the stock, despite the fact that domestic mutual funds hold no stake in the company, which may indicate a lack of confidence in its valuation. Overall, the combination of recent strong performance and positive quarterly results has contributed to the stock's upward movement, even as concerns about its long-term fundamentals persist.