Why is Macpower CNC falling/rising?

As of 27-Jun, Macpower CNC Machines Ltd is experiencing a price increase, currently at 1,033.50, reflecting a rise of 10.7 or 1.05%. The stock has shown a strong performance over the past week with a return of +9.37%, although it has underperformed its sector today by -2.37%. While the stock is trading higher than its 5-day, 20-day, and 50-day moving averages, it remains below its 100-day and 200-day moving averages. The company has a low debt-to-equity ratio, indicating financial stability, and has demonstrated healthy long-term growth with an annual operating profit increase of 52.08%. However, it has faced challenges, such as flat results in March 2025 and a low debtors turnover ratio, which may contribute to investor caution.
In the broader market context, the stock's short-term performance is significantly better than the benchmark Sensex, which has only increased by 2.09% over the same week. Despite this positive short-term trend, the stock has a year-to-date decline of -31.35%, contrasting sharply with the Sensex's gain of +8.43%. The stock's valuation appears expensive with a price-to-book ratio of 7.2, and the low domestic mutual fund ownership suggests a lack of confidence among institutional investors. Overall, while the recent price increase may be attributed to short-term trading dynamics and positive growth indicators, the long-term outlook remains clouded by valuation concerns and underperformance relative to the broader market.