Why is Oasis Securities falling/rising?

As of 22-Jul, Oasis Securities Ltd is experiencing a price increase, currently at Rs 23.49, reflecting a rise of 1.1 (4.91%). Today's price movement is notable as the stock has gained after three consecutive days of decline, opening with a significant gain of 4.96%. It has outperformed its sector by 5.12% today, and investor participation has increased, with delivery volume rising by 126.9% compared to the five-day average. Despite a year-to-date decline of 37.61%, the stock has shown strong performance over the last three years, generating a return of 243.17%, which indicates consistent returns. However, the company faces challenges with operating losses and a weak long-term fundamental strength, as evidenced by a significant drop in profits over the past year.
In the broader market context, the stock's short-term performance over the past week shows a gain of 2.13%, while the benchmark Sensex has declined by 0.47%. This indicates that Oasis Securities is currently outperforming the market in the short term. However, the stock's year-to-date performance contrasts sharply with the Sensex's gain of 5.18%, highlighting the volatility and challenges the company faces despite its recent uptick. The stock's high valuation, with a Price to Book Value of 3.3, suggests it is trading at a premium compared to its peers, which could impact investor sentiment moving forward.