Why is Five-Star Bus.Fi falling/rising?

As of 29-Oct, Five-Star Business Finance Ltd is experiencing a significant rise in its stock price, currently at 603.40, reflecting an increase of 66.55 or 12.4%. The stock has outperformed its sector today by 12.34% and has gained 14.09% over the last two days. It reached an intraday high of Rs 621.95, showcasing high volatility with an intraday fluctuation of 5.96%. In terms of returns, the stock has performed well in the short term, with a 1-week increase of 12.55% and a 1-month increase of 16.88%, although it has a year-to-date decline of 21.63% and a one-year drop of 31.00%. The company has demonstrated strong long-term fundamentals, with a healthy annual growth rate in net sales and operating profit, alongside a solid return on equity of 17.5%.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has only increased by 0.68% over the past week and 5.76% over the past month. This indicates that Five-Star Business Finance Ltd is gaining traction relative to the overall market. The stock's attractive valuation, trading at a discount compared to peers, combined with positive quarterly results, has likely contributed to increased investor interest and participation, as evidenced by a 23.18% rise in delivery volume. Despite its negative returns over the longer term, the recent positive financial indicators and strong fundamentals suggest a potential turnaround, attracting investors looking for growth opportunities.