Why is Std. Capital Mkt falling/rising?

As of 25-Jun, Standard Capital Markets Ltd's stock price is currently at 0.70, reflecting an increase of 0.01 or 1.45%. The stock has shown strong performance recently, with a notable 11.11% increase over the past week and an impressive 84.21% rise over the last month. Today's performance indicates that it has outperformed its sector by 0.84%, and it has experienced consecutive gains for the last two days, accumulating a total return of 2.94% during this period. However, despite these positive movements, there is a concerning trend of falling investor participation, as evidenced by a significant drop in delivery volume of 51.08% compared to the five-day average. The company has reported outstanding results with a 155.87% growth in net sales, but its long-term fundamental strength is weak, indicated by an average Return on Equity (ROE) of 3.70%.
Broader market context shows that while Standard Capital Markets Ltd has outperformed the Sensex in the short term, with a 1.45% increase compared to the Sensex's 1.61% rise over the same period, it has underperformed significantly year-to-date with a decline of 27.08% against the Sensex's gain of 5.91%. The stock's valuation appears attractive with a low Price to Book Value of 0.3, and despite a substantial profit increase of 164.2% over the past year, the overall sentiment remains cautious due to its long-term performance and weak ROE. This combination of strong short-term gains and underlying concerns about long-term fundamentals may contribute to the stock's recent price movements.