Why is Richfield Fin falling/rising?

As of 16-Jul, Richfield Financial Services Ltd's stock price is currently at 36.39, reflecting an increase of 1.73 or 4.99%. The stock has shown a positive trend recently, gaining 7.41% over the last two days and outperforming its sector by 5.22% today. Despite this short-term gain, the stock has experienced a decline of 12.88% over the past month and a significant drop of 20.13% year-to-date. The company has generated a notable return of 39.53% over the past year, which is much higher than the market average, but this comes alongside a concerning trend of falling profits, with a 71% decrease in earnings despite the stock's appreciation. Additionally, the stock's valuation appears expensive relative to its peers, with a price-to-book ratio of 3.2, indicating potential overvaluation.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has outperformed the Sensex by 5.22% today. However, the stock's longer-term performance is less favorable, with a 3.04% decline over the past week compared to a 1.08% drop in the Sensex. The market's overall sentiment may be influenced by the company's operating losses and weak long-term growth prospects, which could deter investors despite the recent price increase. The falling investor participation, as indicated by a significant drop in delivery volume, further suggests that while the stock has gained in the short term, there are underlying concerns that may affect its sustainability moving forward.