Why is Agarwal Fortune falling/rising?

As of 10-Jul, Agarwal Fortune India Ltd is currently priced at 23.89, showing no change (0.00%). The stock has demonstrated a positive performance over the past week, with a return of +0.84%, while it has also increased by +3.96% over the past month. Today's price summary indicates that Agarwal Fortune is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend in the short term. Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 502.16% compared to the 5-day average. The company has shown strong long-term fundamental strength, with an average Return on Equity (ROE) of 20.38% and healthy net sales growth at an annual rate of 52.60%. However, despite these positive indicators, the stock has underperformed over the past year, generating a return of -0.46%.
In the broader market context, Agarwal Fortune's recent performance contrasts with the benchmark Sensex, which has seen a slight decline of -0.06% over the past week. While the stock has outperformed the benchmark in the short term, it has lagged behind in the long term, particularly over the past year and three years. The stock's valuation is considered expensive with a Price to Book Value of 8.4, and despite a rise in profits by 9% over the past year, the stock's negative return indicates potential concerns among investors. The company's majority shareholders being non-institutional could also contribute to volatility in stock performance. Overall, while there are positive factors supporting the stock's recent movement, the long-term underperformance and high valuation may weigh on investor sentiment.