Why is Modern Shares falling/rising?

As of 25-Aug, Modern Shares & Stockbrokers Ltd is experiencing a price increase, currently at Rs 42.90, reflecting a rise of 1.75 or 4.25%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 5.15%. Despite opening lower today with a decline of 2.53%, it reached an intraday high of Rs 43.55, indicating some volatility. However, the stock's performance over the past year has been concerning, with a return of -10.63% and a significant drop in profits by 14%. The company also has weak long-term fundamentals, highlighted by a low return on equity of 1.74% and a high valuation compared to its peers, which may deter long-term investors.
In the broader market context, the stock has outperformed the Sensex by 4.44% today, while its one-week return of +7.25% significantly surpasses the benchmark's +0.45%. However, the stock's year-to-date performance remains poor at -32.97%, contrasting sharply with the Sensex's positive return of +4.48%. The decline in delivery volume by 65.71% against the five-day average suggests falling investor participation, which could impact future price movements. Overall, while there are short-term gains, the long-term outlook appears weak, which may lead to cautious sentiment among investors.