Why is Ontic Finserve falling/rising?

As of 14-Aug, Ontic Finserve Ltd's stock price is currently at 0.71, reflecting an increase of 0.01 or 1.43%. The stock has shown strong performance recently, gaining 5.97% over the last two days and outperforming its sector by 1.03% today. It has also demonstrated a solid return of 39.22% over the past year, with profits rising significantly by 164%. The stock is trading at a discount compared to its peers, supported by a very attractive valuation indicated by a return on equity (ROE) of 58.8 and a price-to-book value of 2.1. However, it faces challenges due to weak long-term fundamentals, including an average ROE of 11.26% and a concerning annual decline in net sales of 15.88%.
In the broader market context, Ontic Finserve's short-term return of +9.23% over the past week stands in stark contrast to the Sensex, which has remained nearly flat at -0.03%. This indicates that Ontic Finserve is not only performing well relative to the broader market but is also attracting increased investor interest, as evidenced by an 85.08% rise in delivery volume. Despite these positive indicators, the company’s long-term growth prospects appear weak, which could temper investor enthusiasm moving forward.