Why is India Finsec falling/rising?

As of 28-Aug, India Finsec Ltd's stock price is currently at 159.95, reflecting a slight decrease of 0.05, or 0.03%. Despite this minor decline, the stock has shown positive performance in the near term, with a 1.23% increase over the past week and a 4.54% rise over the past month. The stock is trading above its moving averages across various time frames, indicating a generally bullish trend. Additionally, the company reported strong quarterly results, achieving its highest PBDIT and net sales figures, which have contributed to its long-term outperformance against benchmarks like the BSE500. However, concerns arise from its weak long-term fundamental strength, characterized by a relatively low return on equity and a high price-to-book value, which may deter some investors.
In the broader market context, India Finsec's recent performance contrasts with the Sensex, which has declined by 2.34% over the past week. While the stock has outperformed the sector today by 1.04%, the overall market sentiment may be affecting its price stability, especially given that 71.15% of promoter shares are pledged, which can exert additional downward pressure in a falling market. Despite the stock's impressive long-term returns, the combination of high valuations and pledged shares may lead to cautious trading behavior among investors, contributing to the current price movement.