Why is M K Exim India falling/rising?

As of 22-Jul, M K Exim (India) Ltd is experiencing a rise in its stock price, currently at 79.99, reflecting an increase of 4.28 or 5.65%. The stock has shown strong performance recently, gaining 17.89% over the last two days and outperforming its sector by 6.08% today. It has also touched an intraday high of Rs 80.73. In terms of returns, the stock has performed well over various periods, with a 1-year return of 23.08%, significantly higher than the market's return of 0.99%. The company benefits from a low debt-to-equity ratio and a healthy long-term growth rate in operating profit, which has increased at an annual rate of 74.45%.
In the broader market context, M K Exim's short-term performance is notably strong, with a 1-week return of 19.28%, contrasting sharply with the Sensex, which has declined by 0.47% in the same period. This indicates that the stock is gaining traction among investors, as evidenced by a significant increase in delivery volume, which rose by 399.41% compared to the 5-day average. Additionally, the stock is trading above all its moving averages, suggesting a bullish trend. Overall, the combination of strong recent performance, positive investor sentiment, and solid fundamentals contributes to the stock's upward movement.