Why is Reliance Home falling/rising?

As of 30-Jul, Reliance Home Finance Ltd is experiencing a price increase, currently at 4.70, reflecting a change of 0.22 or 4.91% upward. The stock has outperformed its sector by 5.63% today and has shown a consecutive gain over the last two days, with a total return of 10.07% during this period. Despite a significant decline of 24.32% over the past month, the stock has managed to generate a positive return of 12.44% over the last year, indicating resilience in its performance compared to the broader market, which has seen negative returns. The company has reported positive results for the last three consecutive quarters, with a notable growth in profit after tax (PAT) of 130.36%. 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 long-term growth potential.
In the broader market context, the stock's short-term performance contrasts sharply with the benchmark, as it has gained 2.84% over the past week while the Sensex has declined by 1.50%. This indicates that Reliance Home Finance Ltd is currently outperforming the market despite the overall negative trend. The market (BSE500) has generated negative returns of -2.34% in the last year, yet the stock's ability to achieve a return of 12.44% highlights its market-beating performance. However, the stock's risky nature, due to its negative book value and poor long-term growth metrics, suggests that while it may be rising in the short term, there are underlying risks that could impact its future performance.