Why is M B Agro Prod. falling/rising?

As of 23-Jun, Madhya Bharat Agro Products Ltd is experiencing a significant rise in its stock price, currently at Rs. 416.70, reflecting an increase of 41.35, or 11.02%. The stock has reached a new 52-week high of Rs. 427.65 today and has outperformed its sector by 10.13%. Over the past week, the stock has gained 18.38%, and it has shown impressive long-term performance with an 81.62% increase year-to-date and a staggering 2599.27% rise over the past five years. The company's strong financial results, including a net profit growth of 932.61% and a significant increase in net sales, contribute positively to investor sentiment. However, despite these strong fundamentals, the company's high valuation metrics and lack of domestic mutual fund investment may raise some concerns among investors.
In the broader market context, the stock's short-term performance significantly outpaces the benchmark, with the Sensex only increasing by 0.10% over the same week. This stark contrast highlights the stock's exceptional performance relative to the market. The company's ability to consistently deliver positive results over the last two quarters and its robust growth rates in net sales and operating profit further bolster its attractiveness to investors. However, the relatively low domestic mutual fund ownership suggests some caution in the market, indicating that while the stock is performing well, there may be underlying concerns regarding its valuation and broader market acceptance.