Why is Mishka Exim falling/rising?

As of 06-Nov, Mishka Exim Ltd's stock price is rising, currently at Rs 43.80, reflecting an increase of Rs 3.04 or 7.46%. The stock has been on an upward trend, gaining for the last six days and achieving a total return of 20% during this period. It opened with a significant gain of 6.7% today and reached an intraday high of Rs 44.83. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. The recent increase in delivery volume, which rose by nearly 80% against the 5-day average, suggests heightened investor interest, contributing positively to the stock's performance.
In the broader market context, Mishka Exim's short-term performance has significantly outpaced the benchmark Sensex, which declined by 1.30% over the past week while Mishka Exim rose by 14.87%. This stark contrast highlights the stock's relative strength in a challenging market environment. Over the last month, Mishka Exim has also outperformed the Sensex, with a return of 22.55% compared to the benchmark's 1.86%. Despite a year-to-date decline of 17.05% against the Sensex's 6.62% gain, the recent positive momentum and strong trading activity suggest a potential recovery phase for the stock.