Why is Monarch Networth falling/rising?

As of 04-Jul, Monarch Networth Capital Ltd's stock price is rising, currently at Rs 380.30, reflecting an increase of Rs 9.25 or 2.49%. The stock has shown strong performance today, outperforming its sector by 2.36% and achieving a consecutive gain over the last three days, with a total return of 12.66% during this period. It reached an intraday high of Rs 390.5, and is trading above all key moving averages, indicating positive momentum. Additionally, the stock has demonstrated impressive returns over various periods, including a 46.86% increase over the past year and a staggering 3684.08% over the last five years. Despite some negative quarterly results, the company's strong long-term fundamentals, such as a 26.35% average Return on Equity and significant growth in net sales and operating profit, contribute positively to its recent price movement.
In the broader market context, Monarch Networth's short-term return of 11.33% over the past week significantly outpaces the Sensex, which has declined by 0.74% during the same period. This indicates that the stock is not only performing well relative to its own historical performance but is also gaining traction against the broader market. The stock's liquidity and rising investor participation further support its upward movement, despite the lack of domestic mutual fund investment, which may reflect some caution among institutional investors. Overall, the combination of strong recent performance, positive investor sentiment, and solid long-term fundamentals suggests a favorable outlook for Monarch Networth Capital Ltd.