Why is S P Capital Fin. falling/rising?

As of 09-Jul, S P Capital Financing Ltd's stock price is currently at Rs 50.70, reflecting an increase of Rs 2.33 or 4.82%. The stock has shown a strong performance today, outperforming its sector by 4.44% and achieving a consecutive gain over the last two days with a total return of 7.87%. Despite opening down by 4.78%, the stock reached an intraday high of Rs 54, indicating significant volatility with a wide trading range of Rs 9. Over the past week, the stock has gained 8.33%, while its one-year return stands at 5.63%. The company has a fair valuation with a Price to Book Value of 1.2 and a PEG ratio of 0.5, suggesting that despite weak long-term fundamentals indicated by an average ROE of 7.92%, the stock's recent price movement may be driven by rising investor participation and improved trading volume.
Broader market context shows that while S P Capital Financing Ltd has outperformed the Sensex in the short term, with a 1-week return of 8.33% compared to the Sensex's 0.15%, its year-to-date performance is notably weaker, down 24.27% against the Sensex's gain of 6.91%. This disparity highlights the stock's volatility and potential investor sentiment fluctuations. The stock's recent gains may reflect a temporary recovery or speculative trading rather than a fundamental turnaround, especially given the flat results reported in March and the negative EPS.