Why is Macpower CNC falling/rising?

As of 25-Jun, Macpower CNC Machines Ltd is experiencing a price increase, currently at 1,002.80, reflecting a rise of 19.65 or 2.0%. The stock has shown a strong performance over the past week and month, with returns of +5.55% and +10.50%, respectively. However, it has underperformed its sector today by -2.37%. While the stock is trading above its 5-day, 20-day, and 50-day moving averages, it remains below its 100-day and 200-day moving averages. The company benefits from a low debt-to-equity ratio and has demonstrated healthy long-term growth with an operating profit increase of 52.08% annually. Nonetheless, the stock's recent performance is tempered by flat results in March and a low debtors turnover ratio, which may raise concerns among investors.
In the broader market context, Macpower's short-term returns outpace the benchmark Sensex, which has only increased by +1.74% over the same week. However, the stock's year-to-date performance is concerning, with a decline of -33.39%, contrasting sharply with the Sensex's gain of +6.77%. The stock's valuation appears expensive with a price-to-book value of 6.9, and despite a profit increase of 7.8% over the past year, the stock has generated a negative return of -28.85%. The lack of investment from domestic mutual funds, which hold 0% of the company, may indicate a lack of confidence in its current valuation or business prospects, further influencing the stock's movement.