Why is Maheshwari Logi. falling/rising?

As of 05-Sep, Maheshwari Logistics Ltd is experiencing a price increase, currently at 61.66, reflecting a rise of 3.32 or 5.69%. The stock has outperformed its sector today by 5.37% and is trading above all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Despite a year-to-date return of 2.07%, which lags behind the Sensex's 4.64%, the company has shown positive financial results, including a significant increase in profit before tax and a high return on capital employed. However, there is a noted decline in investor participation, with delivery volume falling by 56.33% compared to the 5-day average.
In the broader market context, Maheshwari Logistics Ltd's short-term performance over the past week has been strong, with a return of 4.81%, significantly outperforming the Sensex's 1.29% gain. This suggests that the stock's recent rise may be driven by positive sentiment surrounding its financial performance and attractive valuation compared to peers, despite the overall negative trend in its longer-term returns. The company's majority ownership by promoters may also contribute to stability and confidence in its future performance.