Why is Reliance Home falling/rising?

As of 10-Jul, Reliance Home Finance Ltd is experiencing a price increase, currently at 5.52, reflecting a change of 0.1 or 1.85% upward. The stock has shown a trend reversal, gaining after 19 consecutive days of decline. Despite a recent underperformance over the past week and month, where it fell by 5.80% and 22.47% respectively, it has generated significant returns year-to-date at 36.30% and 38.35% over the past year. The company has reported positive results for the last three consecutive quarters, with a notable growth in profit after tax, which may contribute to the recent uptick in stock price. However, it is important to note that the company has a negative book value and weak long-term fundamental strength, which raises concerns about its sustainability.
In the broader market context, the stock's performance over the past week and month contrasts sharply with the Sensex, which has remained relatively flat, with a change of only -0.06% over the week and a slight increase of 0.97% over the month. This suggests that while Reliance Home Finance Ltd is currently experiencing a rebound, it has struggled significantly in the short term compared to the benchmark. The stock's liquidity remains adequate for trading, but falling investor participation, as indicated by a decrease in delivery volume, may pose challenges ahead. Overall, the recent positive price movement can be attributed to short-term recovery efforts amidst longer-term concerns regarding its financial health.