Why is Reliance Home falling/rising?

As of 02-Sep, Reliance Home Finance Ltd is experiencing a price increase, currently at 5.02, reflecting a change of 0.23 or 4.8% upward. The stock has outperformed its sector by 2.35% today and has shown a consecutive gain over the last two days, with a total return of 5.24% in that period. Despite a slight decline of 2.33% over the past month, the stock has performed impressively year-to-date with a return of 23.95% and a significant 52.58% increase over the past year. The company has reported positive results for the last three consecutive quarters, with profits rising by 168%, contributing to an attractive valuation with a price-to-book value of -3.2, which supports its recent upward movement.
In the broader market context, the stock's short-term performance is notably stronger than the benchmark, as it has gained 1.21% over the past week while the Sensex has declined by 0.78%. This contrast highlights the stock's resilience amid a generally negative market environment, where the BSE500 has reported a negative return of -4.82% over the past year. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 68.22% against the five-day average, which could indicate potential concerns about liquidity despite the stock's current upward trend.