Why is Glance Finance falling/rising?

As of 18-Jul, Glance Finance Ltd's stock price is currently at Rs 186.00, reflecting an increase of Rs 6.5 or 3.62%. The stock has shown strong performance today, having opened with a gain of 4.18% and reached an intraday high of Rs 187. It has outperformed its sector by 3.91%. Over the past week, Glance Finance has returned +8.74%, significantly outperforming the Sensex, which has declined by 0.90%. Despite a year-to-date decline of 5.03%, the stock has generated impressive returns of 101.12% over the past year and 221.24% over the last three years. However, it is important to note that the stock has experienced a drop in delivery volume by 10.47% compared to its 5-day average, indicating a potential decrease in investor participation.
In the broader market context, Glance Finance's recent performance stands out as it has outperformed the benchmark indices in both the short and long term. While the stock has shown strong returns in the past year and three years, its average return on equity (ROE) of 5.2% raises concerns about its long-term fundamental strength. Additionally, the company reported negative sales growth of -47.19% in the latest six months, which could impact investor sentiment. Despite trading at a premium compared to its peers and having a favorable PEG ratio of 1, the recent negative financial results may temper enthusiasm among investors, contributing to a cautious outlook despite the stock's current upward movement.