Why is HB Portfolio falling/rising?

As of 25-Jun, HB Portfolio Ltd's stock price is currently at 101.90, reflecting an increase of 5.34 (5.53%). Today's price summary indicates that the stock has outperformed its sector by 4.92% and has experienced a trend reversal, gaining after four consecutive days of decline. The stock opened with a gain of 3.56% and reached an intraday high of Rs 105, marking an 8.74% increase. Despite these positive movements, the stock has shown a decline of 3.27% year-to-date, although it has generated a substantial return of 35.88% over the past year. However, the company has reported significant operating losses and negative results in the last two quarters, which raises concerns about its long-term fundamental strength. The stock's valuation appears expensive compared to its peers, despite its recent performance.
In the broader market context, HB Portfolio's short-term return of 1.91% over the past week outpaces the Sensex's return of 1.61%, indicating a relatively strong performance compared to the benchmark. However, the stock's year-to-date performance is underwhelming compared to the Sensex's 5.91% increase. The company's falling investor participation, as indicated by a 73.86% drop in delivery volume, coupled with its weak financial results, suggests that while the stock may be experiencing a short-term rally, underlying concerns about its profitability and valuation could impact its sustainability in the longer term.