Why is Macpower CNC falling/rising?

As of 23-Sep, Macpower CNC Machines Ltd is experiencing a price increase, currently at 869.60, reflecting a rise of 7.4 points or 0.86%. The stock has shown a mixed performance recently, with a one-week decline of 4.71% but a one-month increase of 5.46%. Today's price summary indicates that the stock has outperformed its sector by 0.4%, with a notable rise in delivery volume, which increased by 94.43% compared to the five-day average. Despite this positive movement, the stock has underperformed over the past year, with a decline of 32.26%, while the company's operating profit has grown at an annual rate of 37.86%. However, the stock's valuation appears expensive with a Price to Book Value of 6.1, and domestic mutual funds hold no stake, suggesting a lack of confidence in the stock's current price.
Broader market context shows that while Macpower CNC has outperformed its sector today, it has significantly lagged behind the broader market over the past year, where the BSE500 index has fallen by only 4.69%. The stock's performance over the last three years has been strong, with a return of 146.42%, but the recent one-year performance indicates a troubling trend. The company's low debt-to-equity ratio and healthy long-term growth are positive indicators; however, the flat results reported in June and the low debtors turnover ratio raise concerns about its operational efficiency. Overall, while there are some positive factors contributing to today's price increase, the broader context reveals significant challenges that may affect investor sentiment moving forward.