Why is Oswal Overseas falling/rising?

As of 18-Jul, Oswal Overseas Ltd's stock price is currently at Rs. 37.58, reflecting an increase of Rs. 0.73 or 1.98%. The stock has recently reached a new 52-week and all-time high, and it has been on a positive trajectory, gaining 50.92% over the last 21 days. In terms of performance, the stock has significantly outperformed the Sensex, with a remarkable 631.13% return over the past year and a 923.98% return over the last three years. However, despite this impressive short-term performance, the company faces challenges, including a negative book value and a high debt-to-equity ratio, which indicate weak long-term fundamental strength. The company has also reported declining net sales and negative results for the last five consecutive quarters, contributing to concerns about its sustainability.
In the broader market context, while Oswal Overseas has shown a strong short-term return of 10.33% over the past week, the Sensex has declined by 0.90% during the same period, highlighting the stock's resilience against the broader market trend. This outperformance is further emphasized by the stock's ability to generate substantial returns compared to the benchmark indices over various time frames. However, the falling investor participation, as indicated by a significant drop in delivery volume, raises questions about the stock's liquidity and investor confidence moving forward. Overall, while the stock is currently rising, its long-term outlook is clouded by fundamental weaknesses that could impact future performance.