Why is Madhav Copper falling/rising?

As of 24-Jul, Madhav Copper Ltd's stock price is currently at 50.25, reflecting an increase of 0.17 or 0.34%. Today's performance indicates that the stock has outperformed its sector by 1%. The stock is trading higher than its 200-day moving average but lower than its 5-day, 20-day, 50-day, and 100-day moving averages. Notably, there has been a significant rise in investor participation, with delivery volume increasing by 122.39% compared to the 5-day average. Despite a recent decline of 12.06% over the past month, the stock has shown strong performance over the last year, generating a return of 37.48%, which is substantially higher than the market's return of 0.99%. The company has also reported positive results for the last five consecutive quarters, including record net sales and a higher profit after tax.
In the broader market context, while Madhav Copper's short-term performance has been negative, its long-term returns remain impressive, particularly over the past year and three years, where it has outperformed the benchmark significantly. However, concerns regarding the company's long-term fundamental strength persist, highlighted by a negative CAGR growth in operating profits and a low return on equity. These factors contribute to a perception of weak profitability and an expensive valuation relative to its peers, which may temper investor enthusiasm despite the recent positive price movement.