Why is M K Exim India falling/rising?

As of 31-Jul, M K Exim (India) Ltd's stock price is currently at 85.00, reflecting an increase of 2.2, or 2.66%. Despite opening the day with a loss of 3.36%, the stock reached an intraday high of Rs 87.87, indicating some recovery during the trading session. Over the past month, the stock has shown a significant gain of 31.82%, contrasting with a year-to-date decline of 1.09%. The company's low debt-to-equity ratio of 0.03 times and impressive operating profit growth of 74.45% annually contribute positively to its performance, allowing it to outperform the broader market, which has seen negative returns. However, a notable drop in investor participation, with delivery volume falling by 88.24% against the 5-day average, raises concerns about liquidity and sustained interest in the stock.
In the broader market context, M K Exim's recent performance contrasts with the benchmark Sensex, which has declined by 1.22% over the past week. While the stock has outperformed the sector by 5.01% today, the textile sector itself has fallen by 2.37%. The stock's strong performance over the last year, generating a return of 24.11% while the BSE500 index has seen a negative return of 3.20%, highlights its resilience. However, the overall market sentiment appears to be cautious, as indicated by the broader declines, which may impact future investor confidence and stock performance.