Why is Pioneer Invest falling/rising?

As of 26-Jun, Pioneer Investcorp Ltd's stock price is currently at Rs 62.50, reflecting an increase of Rs 2.95 or 4.95%. The stock has shown a positive performance today, outperforming its sector by 3.62%, and has gained 5.88% over the last two days. Despite this recent uptick, the stock has a year-to-date decline of 26.47%, although it has generated a notable return of 28.71% over the past year, significantly higher than the market's average return of 4.11%. The company has a very attractive valuation with a low Price to Book Value of 0.5 and a high profit growth rate of 94.1% over the past year, which supports its recent price movement. However, the stock faces challenges such as weak long-term fundamentals, with a low average Return on Equity (ROE) of 2.55% and a concerning decline in net sales.
In the broader market context, the stock's short-term return of 9.27% over the past week outpaces the Sensex's return of 2.94%, indicating strong relative performance. However, the overall market sentiment may be tempered by the company's high percentage of pledged promoter shares, which can exert downward pressure in a falling market. Additionally, the stock's liquidity is adequate, but there has been a noticeable decline in investor participation, with delivery volume dropping by 20.27% against the five-day average. This combination of strong recent performance against a backdrop of long-term concerns and fluctuating investor interest contributes to the stock's current price dynamics.