Why is Summit Securitie falling/rising?

As of 15-Oct, Summit Securities Ltd is experiencing a price increase, currently at Rs 2,139.00, reflecting a rise of 86.05 (4.19%). Today's performance indicates a trend reversal as the stock has gained after four consecutive days of decline. It outperformed its sector by 2.03% and reached an intraday high of Rs 2,166.55, which is a 5.53% increase. However, the stock has shown a negative return of -2.89% over the past week and -1.31% over the past month, while it has significantly underperformed the market with a year-to-date return of -28.49%. Despite these challenges, the company reported positive results in September, with net sales and operating profit reaching their highest quarterly figures, which may have contributed to the recent uptick in stock price.
In the broader market context, while the Sensex has gained 1.02% over the past week, Summit Securities has lagged behind with its recent short-term performance. The finance/NBFC sector has also seen a rise of 2.24%, indicating a favorable environment for stocks in that category. However, the stock's long-term fundamentals remain weak, with a low return on equity and poor growth rates in net sales and operating profit. The minimal stake held by domestic mutual funds suggests a lack of confidence in the stock's valuation, which could impact its future performance despite the recent gains.