Why is Ontic Finserve falling/rising?

As of 26-Sep, Ontic Finserve Ltd is experiencing a price increase, currently valued at 1.72, reflecting a change of 0.15 or 9.55% upward. The stock has shown remarkable performance, with a 54.95% increase over the past week and a staggering 149.28% rise over the past month. Today's trading activity indicates that Ontic Finserve is outperforming its sector by 11.08%, with significant investor participation evidenced by a delivery volume increase of 201.9% compared to the five-day average. Despite the stock's impressive returns of 230.77% over the past year, concerns remain regarding its long-term fundamental strength, as indicated by a relatively low average Return on Equity (ROE) of 11.26% and a decline in net sales growth.
In the broader market context, while the BSE500 index has reported a negative return of -7.63% over the past year, Ontic Finserve's performance stands in stark contrast, showcasing its ability to generate substantial returns. However, the stock's high valuation, with a Price to Book Value ratio of 5, raises questions about its sustainability, especially given the weak long-term growth indicators. Overall, while Ontic Finserve is currently rising, the mixed signals regarding its fundamentals and market performance suggest a complex investment landscape.