Why is LKP Securities falling/rising?

As of 04-Sep, LKP Securities Ltd is currently priced at 20.10, reflecting an increase of 0.42, or 2.13%. The stock has been on an upward trend, gaining for the last three days and achieving an overall return of 8.01% during this period. It has outperformed its sector by 1.72% today. Despite this positive short-term performance, the stock has a year-to-date decline of 30.67% and a one-year return of -10.07%. The company's return on equity (ROE) stands at 14.3, indicating a very attractive valuation with a price-to-book value of 1.8, and it is trading at a discount compared to its peers. However, there are concerns regarding its long-term fundamental strength, as net sales have decreased by 20.92% over the latest six months, and the stock has underperformed in the long term.
In the broader market context, LKP Securities has outperformed the Sensex in the short term, with a one-week return of 7.60% compared to the benchmark's 0.80%. However, the stock's performance has been lackluster over the longer term, with a three-year return of 35.90%, which is slightly below the Sensex's 37.27%. The recent increase in stock price may be attributed to its attractive valuation and short-term gains, but the declining investor participation and weak long-term growth prospects suggest caution for potential investors.