Why is Qgo Finance falling/rising?

As of 25-Jul, Qgo Finance Ltd's stock price is currently at Rs 49.00, reflecting an increase of Rs 1.0 or 2.08%. Today's trading performance shows that the stock opened with a gain of 2.92% and reached an intraday high of Rs 49.4, outperforming its sector by 4.2%. However, it is important to note that the stock is still 4.29% away from its 52-week low. Over the past week, Qgo Finance has seen a return of +2.06%, while its performance over the last month has been negative at -4.11%. Despite a year-to-date decline of -9.96%, the company has shown a profit increase of 15%, contributing to a PEG ratio of 1, indicating attractive valuation metrics. However, the stock has weak long-term fundamentals, with an average Return on Equity (ROE) of 12.58%, and has underperformed the market significantly over the past year.
In the broader market context, the stock's recent short-term performance of +2.06% over the past week contrasts with the Sensex, which has declined by -0.36% during the same period. This suggests that Qgo Finance is experiencing a relative strength compared to the overall market. However, the finance sector as a whole has faced a downturn, with a decline of -2.13%. Additionally, falling investor participation, as evidenced by a significant drop in delivery volume, may indicate a lack of confidence among investors, despite the stock's recent price increase. Overall, while Qgo Finance has shown some positive movement in the short term, its long-term outlook remains uncertain due to fundamental weaknesses and underperformance relative to the broader market.