Why is Orient Tradelink falling/rising?

As of 23-Jun, Orient Tradelink Ltd's stock price is rising, currently at Rs 24.88, reflecting an increase of 1.65 (7.1%). The stock has shown strong performance today, outperforming its sector by 6.57% and achieving a consecutive gain over the last three days, with a total return of 15.72% in that period. Despite this positive momentum, the stock has experienced high volatility, trading within a wide range of Rs 2.94 today, and has seen a decrease in delivery volume by 30.39% compared to the five-day average. While the stock has generated an impressive return of 113.93% over the past year, it is important to note that the company is facing operating losses and has weak long-term fundamental strength, which could impact investor sentiment.
In the broader market context, the stock's short-term performance of +15.72% over the past week significantly outpaces the Sensex's modest gain of +0.12%. This indicates that while Orient Tradelink is currently gaining traction, it is doing so in a market that is relatively stable. However, the company's long-term challenges, including flat quarterly results and a high price-to-book ratio compared to its peers, suggest that the stock may be trading at a premium despite its recent gains. Investors may be cautious due to the company's weak fundamentals, which could affect future performance despite the current upward trend.