Why is Jhaveri Credits falling/rising?

As of 25-Jun, Jhaveri Credits & Capital Ltd is experiencing a price increase, currently at Rs 275.00, which represents a rise of Rs 11.3 or 4.29%. The stock has shown strong performance recently, gaining 16.03% over the last four days and outperforming its sector by 3.68% today. It opened with a gain of 4.89% and reached an intraday high of Rs 276.6. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, despite these positive short-term movements, the company has reported operating losses, with a PAT of Rs -1.00 crore, indicating weak long-term fundamental strength. The stock is also trading at a premium compared to its peers, which may affect investor sentiment.
In the broader market context, Jhaveri Credits has significantly outperformed the benchmark Sensex over the past week, with a return of +13.75% compared to the Sensex's +1.61%. However, over the longer term, the stock has underperformed, with a one-year return of -19.08% against the market's +6.02%. This discrepancy highlights the volatility and potential risks associated with the stock, especially given its weak financial performance and high valuation metrics. While recent gains may attract investor interest, the underlying fundamentals suggest caution.