Why is Mishka Exim falling/rising?

As of 11-Aug, Mishka Exim Ltd is currently priced at 33.80, reflecting an increase of 0.18 or 0.54%. Despite this positive movement today, the stock has underperformed its sector by 0.81%. Over the past week, it has seen a significant decline of 8.28%, while it has shown a strong recovery over the past month with a return of 19.01%. However, the stock's year-to-date performance remains poor at -35.98%. Positive factors contributing to the recent price movement include strong quarterly results, with the highest recorded PBDIT, PBT, and PAT, alongside rising promoter confidence as they have increased their stake by 3.9%. Conversely, the stock faces challenges such as weak long-term fundamentals, a low return on equity, and consistent underperformance against benchmarks over the past three years.
In the broader market context, the Sensex has shown a modest decline of 0.51% over the past week, indicating a relatively stable market environment compared to the significant drop experienced by Mishka Exim. While the stock has outperformed the benchmark in the last month, its year-to-date performance starkly contrasts with the Sensex's positive return of 3.15%. The liquidity of the stock remains adequate for trading, but a notable decrease in investor participation, with delivery volume falling by 36.32% against the five-day average, suggests waning interest among investors. Overall, while there are some positive indicators, the stock's long-term outlook remains concerning, contributing to its mixed performance in the current market.