Why is Excel Industries falling/rising?

As of 04-Jul, Excel Industries Ltd's stock price is rising, currently at 1,304.00, reflecting an increase of 26.0 points or 2.03%. The stock has shown strong performance recently, gaining 4.31% over the last two days and outperforming its sector by 1.71% today. It reached an intraday high of Rs 1345.2, which is a 5.26% increase. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Over the past year, the stock has generated a return of 9.97%, with profits rising significantly by 401.2%, contributing to its attractive valuation with a Price to Book Value of 1. However, there are concerns regarding long-term growth, as the operating profit has declined at an annual rate of -4.32% over the last five years.
In the broader market context, Excel Industries has outperformed the Sensex in the short term, with a 1-week return of +3.77% compared to the Sensex's -0.74%. This indicates that the stock is gaining traction despite a generally challenging market environment. The rising investor participation, evidenced by a 7.41% increase in delivery volume, further supports the stock's upward movement. However, the low stake held by domestic mutual funds, at only 0.01%, may suggest a lack of confidence in the company's long-term prospects, which could temper enthusiasm among potential investors. Overall, while the stock is currently rising, the mixed signals regarding its long-term growth and market perception warrant careful consideration.