Why is M K Exim India falling/rising?

As of 11-Jun, M K Exim (India) Ltd's stock price is rising, currently at Rs 68.45, reflecting an increase of 2.71 (4.12%). The stock has outperformed its sector by 3.77% today and has shown consecutive gains over the last two days, accumulating a total return of 6.09%. It reached an intraday high of Rs 70, indicating strong investor interest. The stock's performance over the past week has been positive at +4.66%, and over the past month, it has risen by 15.49%. Despite a year-to-date decline of 20.35%, the company has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 74.45%. The low debt-to-equity ratio of 0.03 and a fair valuation compared to peers contribute positively to investor sentiment, although the stock is technically in a mildly bearish range due to some indicators.
In the broader market context, M K Exim's short-term performance has significantly outpaced the Sensex, which has only increased by 1.87% over the past week. However, the stock has underperformed in the long term, with a -6.98% return over the past year compared to the Sensex's +7.92%. This contrast highlights the stock's volatility and potential for recovery in the short term, despite its overall underperformance in recent years. The rising investor participation, indicated by a 25.07% increase in delivery volume, suggests a growing interest that could support further price increases, even as the stock faces challenges from its past performance and technical indicators.