Why is Reliance Home falling/rising?

As of 24-Jul, Reliance Home Finance Ltd's stock price is currently at 4.72, reflecting an increase of 0.15, or 3.28%. The stock has shown a trend reversal, gaining after four consecutive days of decline. Despite a significant drop of 29.66% over the past month, it has outperformed its sector today by 4.15%. The company has reported positive results for the last three consecutive quarters, with a profit after tax growth of 130.36%. However, it faces challenges with a negative book value and weak long-term fundamentals, as evidenced by a drastic decline in net sales and operating profit, which may contribute to investor caution.
In the broader market context, the stock's performance over the past week has been notably poor, with a decline of 12.92%, while the benchmark Sensex has remained relatively flat with a decrease of only 0.09%. Year-to-date, Reliance Home Finance has outperformed the market with a return of 16.54% compared to the Sensex's 5.18%. However, the falling investor participation, indicated by a 72.2% drop in delivery volume, suggests a lack of confidence among investors, which could impact future performance despite the recent price increase.