Why is Starteck Fin. falling/rising?

As of 28-Jul, Starteck Finance Ltd is experiencing a price increase, currently at Rs 308.15, reflecting a change of 2.7 (0.88%) upward. The stock has shown a positive trend today, outperforming its sector by 2.25% and reversing a two-day decline. It reached an intraday high of Rs 316.75, marking a 3.7% increase. Over the past week, the stock has gained 1.03%, while it has outperformed the benchmark Sensex over the last month with a return of 5.53% compared to the Sensex's decline of 3.77%. However, despite these gains, the stock's delivery volume has significantly decreased, indicating falling investor participation, which could be a concern for future price stability. Additionally, while the stock has generated a return of 12.05% over the past year, its profits have decreased by 29.3%, suggesting underlying weaknesses despite recent price movements.
In the broader market context, Starteck Finance's recent performance contrasts with the Sensex, which has declined by 1.59% over the past week. The stock's ability to maintain a positive trajectory amidst a broader market downturn highlights its relative strength. However, the company faces challenges such as a weak long-term fundamental strength, with an average Return on Equity (ROE) of 10.06% and stagnant net sales growth. The stock is trading at a premium compared to its peers, which may affect its attractiveness to investors. Overall, while the stock has shown resilience in the short term, the combination of declining profits and reduced investor participation raises questions about its sustainability in the long run.