Why is Mamata Machinery falling/rising?

As of 24-Sep, Mamata Machinery Ltd's stock price is currently at 492.70, reflecting a slight increase of 0.25 (0.05%). The stock has shown a positive trend recently, outperforming its sector by 1.34% today and achieving a consecutive gain over the last two days with a total return of 2.57%. Over the past week, the stock has risen by 5.37%, while in the last month, it has increased by 18.47%. However, the company has reported a decline in net sales and profits in its latest quarterly results, which may raise concerns among investors. Despite these challenges, the company maintains a low debt-to-equity ratio and has demonstrated healthy long-term growth in operating profit, which could support its recent price movement.
In the broader market context, while Mamata Machinery's stock has shown a positive return in the short term, the benchmark Sensex has declined by 1.18% over the same week. This indicates that the stock is performing well relative to the market. However, it is important to note that institutional investor participation has decreased, which may affect future price stability. Overall, while the stock has experienced recent gains, the mixed signals from its financial performance and declining institutional interest suggest that investors should remain cautious.