Why is Shriram AMC falling/rising?

As of 11-Jun, Shriram Asset Management Co Ltd is experiencing a price increase, currently at Rs 640.30, which reflects a rise of Rs 34.5 or 5.69%. The stock has shown strong performance today, outperforming its sector by 6.27% and achieving consecutive gains over the last six days, resulting in an 18.73% return during this period. Additionally, the stock has demonstrated impressive long-term performance, with a 133.09% return over the past year and a staggering 354.11% increase over the last three years. However, despite these positive movements, the company faces challenges such as operating losses and a negative EBITDA, which indicate weak long-term fundamental strength and poor growth prospects.
In the broader market context, Shriram AMC's short-term return of 17.73% over the past week significantly outpaces the Sensex's return of 1.87%, highlighting its strong market performance. While the stock has been gaining traction, it is important to note that its profits have declined by 140.7% over the past year, raising concerns about its sustainability despite the recent price increase. The stock's liquidity is adequate for trading, but the underlying financial issues may pose risks to its future performance, suggesting that investors should remain cautious.