Why is Man Infra falling/rising?

As of 04-Jul, Man Infraconstruction Ltd's stock price is currently at 188.10, reflecting an increase of 0.85 (0.45%). The stock has been on an upward trend, gaining for the last four consecutive days with a total return of 4.24% during this period. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. Additionally, there has been a rise in investor participation, with delivery volume increasing by 12.23% compared to the 5-day average. However, the stock has underperformed its sector by 0.31% today. Despite a year-to-date decline of 23.74%, the stock has shown strong growth over the past three years, with a return of 143.50%. The company benefits from high management efficiency, evidenced by a return on equity (ROE) of 18.04%, and a low debt-to-equity ratio, which supports its healthy long-term growth.
In the broader market context, while Man Infraconstruction has outperformed the Sensex over the past week with a return of 2.06% compared to the benchmark's decline of 0.74%, it still faces challenges with a year-to-date performance significantly lagging behind the Sensex's 6.77% gain. The stock's recent upward movement can be attributed to its strong operational metrics, such as a substantial annual growth rate in net sales and operating profit. However, concerns remain regarding its valuation, as it is trading at a premium relative to its peers, and the company has reported a decline in profits over the past year. These mixed signals suggest that while the stock is currently rising, underlying issues could impact its future performance.