Why is KJMC Corporate falling/rising?

As of 24-Jun, KJMC Corporate Advisors (India) Ltd is experiencing a price increase, currently at Rs 79.98, which reflects a rise of 4.12 or 5.43%. The stock has shown strong performance today, outperforming its sector by 4.51% and achieving a consecutive gain over the last two days with a total return of 9.56% in that period. Despite today's positive movement, the stock has a mixed performance over the longer term, with a year-to-date decline of 13.54% while still generating a return of 14.29% over the past year. However, the company faces challenges, including operating losses and a weak long-term fundamental strength, as indicated by a significant drop in profits and negative results reported for March 25.
In the broader market context, KJMC's short-term performance of 3.87% over the past week significantly outpaces the Sensex, which has only increased by 0.58%. This suggests that the stock is gaining traction relative to the market. Nevertheless, the stock's high volatility and falling investor participation, with a drastic drop in delivery volume, indicate underlying concerns among investors. The company's expensive valuation compared to peers, coupled with declining profits, raises questions about its sustainability despite recent gains.