Why is Reliance Home falling/rising?

As of 12-Jun, Reliance Home Finance Ltd is experiencing a price increase, currently at Rs. 7.84, reflecting a change of 0.37 or 4.95% upwards. The stock has reached a new 52-week high today and has been on a positive trajectory, gaining for the last 15 consecutive days with a remarkable 136.14% return over this period. Additionally, the company has reported positive results for the last three consecutive quarters, with a higher profit after tax of Rs. 3.03 Cr. However, it is important to note that the company has a negative book value and exhibits weak long-term fundamental strength, which raises concerns about its sustainability despite the recent gains.
In the broader market context, Reliance Home Finance's short-term performance significantly outpaces the benchmark, with a 27.07% return over the past week compared to a mere 0.31% increase in the Sensex. While the stock has shown strong performance in both the near and long term, outperforming the BSE 500 over various periods, the finance sector as a whole has seen a decline of 2.76%. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by 77.07% against the five-day average, indicating potential caution among investors despite the stock's recent upward movement.