Why is Reliance Home falling/rising?

As of 31-Jul, Reliance Home Finance Ltd's stock price is currently at 4.91, reflecting an increase of 0.21 or 4.47%. The stock has shown a strong performance today, outperforming its sector by 5.16%, and has been on a consecutive gain streak for the last three days, accumulating a total return of 14.99% during this period. In terms of returns compared to benchmarks, the stock has performed well over the past year, generating a return of 20.05% while the broader market (BSE500) has faced negative returns of -3.20%. However, it is important to note that the company has a negative book value and weak long-term fundamental strength, with net sales declining at an annual rate of -83.08%, which poses risks to its valuation despite recent positive quarterly results.
In the broader market context, the stock's short-term return of 4.03% over the past week stands in stark contrast to the Sensex, which has declined by 1.22% during the same period. This indicates that Reliance Home Finance Ltd is not only gaining traction among investors but is also managing to attract increased participation, as evidenced by an 88.06% rise in delivery volume compared to the five-day average. Despite its recent gains, the stock's long-term outlook remains uncertain due to its negative book value and poor growth metrics, which could impact investor sentiment moving forward.