Why is Sugal & Damani falling/rising?

As of 08-Sep, Sugal & Damani Share Brokers Ltd is experiencing a price increase, currently at 89.90, reflecting a rise of 2.35 or 2.68%. Today's price summary indicates that the stock has outperformed its sector by 2.36% and has shown a trend reversal after three consecutive days of decline. Despite opening with a loss of 4.98%, the stock reached an intraday high of Rs 91, although it also touched a low of Rs 83.19. The stock's performance over the past week shows a decline of 6.35%, while it has generated a significant return of 79.80% over the past year. Positive factors contributing to the stock's recent movement include a growth in net profit of 25.15% and consistent positive results over the last five quarters, with a notable increase in net sales and profit after tax.
In the broader market context, the stock's short-term performance has lagged behind the benchmark, with a 1-week return of -6.35% compared to the Sensex's gain of 0.53%. However, the stock has shown strong long-term performance, with a remarkable 546.76% increase over the past three years, significantly outperforming the benchmark's 35.35% rise. While the stock is trading at a premium compared to its peers, concerns about weak long-term fundamental strength, indicated by an average return on equity of 8.37%, may temper investor enthusiasm. Overall, the recent price increase appears to be driven by positive earnings results and a recovery from recent declines, despite some underlying weaknesses.