Why is Macfos falling/rising?

As of 22-Jul, Macfos Ltd's stock price is currently at 705.00, reflecting an increase of 10.0, or 1.44%. Today's performance indicates a trend reversal as the stock has gained after six consecutive days of decline. Despite this uptick, the stock has underperformed in the short term, with a 1-week return of -3.42% and a 1-month return of -7.24%. The stock is trading below its moving averages across various time frames, and there has been a significant drop in investor participation, with delivery volume falling by 42.03% against the 5-day average. On a positive note, the company has shown strong financial health, with a robust EBIT to Interest ratio and impressive growth in net sales and operating profit over recent periods.
In the broader market context, Macfos Ltd's performance contrasts sharply with the Sensex, which has seen a minimal decline of only 0.47% over the past week. The company's long-term growth prospects appear strong, as evidenced by positive quarterly results and substantial increases in net sales and profits. However, the stock's valuation is considered expensive, and the lack of investment from domestic mutual funds may indicate a lack of confidence in its current price. Overall, while there are positive indicators regarding the company's financial health, the stock's recent performance and valuation concerns contribute to its mixed outlook in the market.