Why is Quest Capital falling/rising?

As of 01-Aug, Quest Capital Markets Ltd is experiencing a price increase, currently at Rs 369.00, reflecting a rise of Rs 7.1 or 1.96%. Today's performance indicates a trend reversal as the stock has gained after two consecutive days of decline, outperforming its sector by 3.44%. Despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a general weakness in momentum. Additionally, while the stock has seen a significant increase in institutional investor participation, with a 2.57% rise in stakes, it has also faced challenges, including a decline in delivery volume and a year-to-date return of -25.17%.
In the broader market context, Quest Capital's short-term performance over the past week shows a decline of 1.20%, which is slightly worse than the benchmark Sensex's drop of 1.06%. This indicates that while the stock is currently rising, it has struggled in the longer term, with a year-to-date return significantly underperforming the Sensex. The stock's weak long-term fundamentals, highlighted by a low average Return on Equity (ROE) of 2.42% and modest growth in net sales, may continue to weigh on investor sentiment despite recent positive developments in profitability and institutional interest.