Why is Mishka Exim falling/rising?

As of 03-Nov, Mishka Exim Ltd's stock price is currently at Rs 40.80, reflecting an increase of Rs 2.24, or 5.81%. The stock has shown strong performance recently, gaining 11.78% over the last four days and outperforming its sector by 4.57% today. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the stock has experienced a significant increase in delivery volume, rising by 205.43% against the 5-day average, which suggests heightened investor interest. Positive financial results reported on June 25, including the highest quarterly PBDIT, PBT, and PAT, further bolster investor confidence, contributing to the stock's upward movement.
In the broader market context, Mishka Exim's short-term return of +8.97% over the past week stands in stark contrast to the Sensex, which has declined by 0.94% during the same period. This divergence highlights the stock's relative strength compared to the overall market. However, it is important to note that despite recent gains, the stock is still down 22.73% year-to-date, indicating that while current momentum is positive, the longer-term performance remains a concern compared to the benchmark's 7.47% increase.