Why is Peeti Securities falling/rising?

As of 26-Sep, Peeti Securities Ltd is experiencing a price increase, currently at Rs 22.05, reflecting a rise of 1.05 or 5.0%. The stock has shown a strong performance today, outperforming its sector by 6.89%. It reached an intraday high of Rs 22.05 and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there are concerning signs, such as a significant decline in delivery volume by 71.01% compared to the 5-day average, indicating falling investor participation. Additionally, the company has shown weak long-term fundamental strength, with a -6.10% CAGR growth in operating profits over the last five years and a negative EBITDA, which raises concerns about its financial health.
In the broader market context, Peeti Securities has outperformed the benchmark Sensex in the short term, with a 7.56% return over the past week compared to the Sensex's decline of 2.66%. However, the stock has consistently underperformed against the benchmark over the last three years, with a significant drop of -26.38% compared to the Sensex's gain of 40.74%. This persistent underperformance, coupled with weak profitability indicators such as a low return on equity and poor EBIT to interest ratio, suggests that while there may be short-term gains, the long-term outlook remains challenging for Peeti Securities.