Why is Mishka Exim falling/rising?

As of 07-Nov, Mishka Exim Ltd's stock price is currently at Rs 46.20, reflecting an increase of Rs 1.86 or 4.19%. The stock has been on a positive trajectory, gaining for the last seven days and achieving a remarkable 26.58% return during this period. Today, it opened with a significant gain of 9.38% and reached an intraday high of Rs 48.69. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. Notably, there has been a substantial increase in investor participation, with delivery volume rising by 788.3% compared to the 5-day average, which suggests heightened interest and confidence in the stock.
In the broader market context, Mishka Exim's short-term performance has significantly outperformed the benchmark Sensex, which has seen a decline of 0.86% over the past week while Mishka Exim has surged by 19.81%. This stark contrast highlights the stock's strong relative strength in a generally weak market environment. Despite a year-to-date decline of 12.50% compared to the Sensex's gain of 6.50%, the recent positive trends in price movement and investor engagement indicate a potential recovery phase for Mishka Exim Ltd.