Why is LKP Securities falling/rising?

As of 03-Sep, LKP Securities Ltd is experiencing a price increase, currently at 19.68, reflecting a rise of 0.73 or 3.85%. The stock has shown positive momentum, gaining 5.75% over the last two days and outperforming its sector by 3.01% today. Despite this short-term gain, the stock has a year-to-date decline of 32.11% and a one-year return of -10.83%. The company has a return on equity (ROE) of 14.3, which is considered attractive, and it is trading at a discount compared to its peers. However, the stock's long-term fundamentals are weak, with net sales declining by 20.92% over the last six months and a poor growth rate of 7.54% in net sales annually.
In the broader market context, LKP Securities has outperformed the Sensex in the short term, with a 1-week return of +3.63% compared to the benchmark's -0.27%. This indicates that while the stock is currently gaining traction, it has underperformed the broader market over longer periods, including a three-year return of +33.06% against the Sensex's +37.01%. The recent rise in stock price may be attributed to short-term trading dynamics, but the overall weak long-term performance and declining investor participation suggest caution for potential investors.