Why is MMP Industries falling/rising?

As of 03-Jul, MMP Industries Ltd is currently priced at 298.65, reflecting a decrease of 1.15, or 0.38%. Despite this decline, the stock has shown strong performance over the past week and month, with returns of 11.50% and 19.83%, respectively. Today's price summary indicates that the stock has outperformed its sector by 0.28%, and there has been a notable increase in investor participation, with delivery volume rising by 69.71% compared to the 5-day average. The stock is trading at a discount relative to its peers, supported by a low Debt to Equity ratio and a favorable PEG ratio of 0.9, suggesting attractive valuation metrics. However, the stock's current price is below its 200-day moving average, which may indicate a bearish trend in the short term.
In the broader market context, MMP Industries has outperformed the Sensex over the past week and month, while it has underperformed year-to-date, with a decline of 11.33% compared to the benchmark's gain of 7.45%. This mixed performance suggests that while the stock has had strong short-term returns, it has struggled to maintain momentum in the longer term. The overall market sentiment may be influencing the stock's recent price movement, as it is currently experiencing a decline despite positive fundamentals and investor interest.