Why is Macpower CNC falling/rising?

As of 24-Jul, Macpower CNC Machines Ltd is experiencing a price increase, currently at 1,063.00, reflecting a rise of 12.9 or 1.23%. Today's price summary indicates that the stock has underperformed its sector by 2.37%, although it is trading higher than its 5-day, 20-day, and 50-day moving averages, while being lower than the 100-day and 200-day moving averages. Over the past week, the stock has shown a modest gain of 0.50%, and in the last month, it has increased by 8.12%. However, the stock has faced significant challenges, with a year-to-date decline of 29.39% and a one-year drop of 34.01%. Despite a healthy long-term growth rate in operating profit at 52.08%, the company’s low debt-to-equity ratio and the flat results reported in March 2025, along with a high price-to-book value, suggest that the stock may be perceived as overvalued, contributing to its recent volatility.
In the broader market context, the stock's short-term performance has outpaced the Sensex, which has decreased by 0.20% over the past week and only marginally increased by 0.07% over the past month. This indicates that while Macpower CNC is rising in price, it is doing so against a backdrop of a generally weak market performance. Additionally, the lack of investment from domestic mutual funds, which hold 0% of the company, may reflect a lack of confidence in the stock's valuation or business prospects, further complicating its market position. Overall, while the stock is currently rising, its long-term performance remains a concern, particularly given the significant declines over the past year and the high valuation metrics.