Why is Mazda falling/rising?

As of 07-Jul, Mazda Ltd's stock price is rising, currently at 317.95, reflecting an increase of 27.7 or 9.54%. The stock has shown strong performance today, outperforming its sector by 9.91% and has been on a consecutive gain streak for the last three days, accumulating a remarkable 33.87% return during this period. Additionally, Mazda's stock opened with a gain of 3.32% today and reached an intraday high of Rs 337.9, indicating significant investor interest. Over the past year, the stock has generated an 11.83% return, outperforming the BSE500 in each of the last three annual periods. However, it faces challenges with poor long-term growth, as net sales and operating profit have only grown at rates of 1.49% and 3.46%, respectively, over the last five years, and recent financial results have shown declines in profit before tax and net sales.
In the broader market context, Mazda's short-term return of 32.51% over the past week significantly outpaces the Sensex, which has seen a slight decline of 0.20%. This strong performance suggests that investor sentiment towards Mazda is currently positive, despite the company's low domestic mutual fund holdings and concerns regarding its valuation compared to peers. The stock's liquidity and rising investor participation, evidenced by a dramatic increase in delivery volume, further support its upward movement. However, the company's expensive valuation and declining profits over the past year could pose risks to its sustained growth, indicating that while the stock is rising now, underlying challenges remain.