Why is Maheshwari Logi. falling/rising?

As of 11-Sep, Maheshwari Logistics Ltd is experiencing a slight increase in its stock price, currently at 62.83, with a change of 0.04 (0.06%) upward. The stock has shown a positive performance over the past week, rising by 7.70%, although it has underperformed its sector by 0.56% today. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 473.92% against the 5-day average. Despite a year-to-date return of 4.01%, the stock has faced a decline of 4.31% over the past year, although its profits have increased by 35.7%, contributing to a favorable PEG ratio of 0.3 and an attractive valuation compared to peers.
In the broader market context, Maheshwari Logistics Ltd's short-term return of 7.70% over the past week significantly outpaces the Sensex, which has only increased by 1.10% in the same period. This suggests that the stock is gaining traction relative to the overall market. However, the company has shown a substantial decline over the longer term, with a 3-year return of -23.80% compared to the Sensex's 40.22% increase, indicating that while recent performance may be improving, the stock has struggled historically. The majority ownership by promoters may also provide some stability, but the overall market sentiment and the company's past performance could still weigh on investor confidence.