Why is Monarch Networth falling/rising?

As of 15-Jul, Monarch Networth Capital Ltd is experiencing a price increase, currently at Rs 378.35, reflecting a rise of Rs 11.5 or 3.13%. The stock has shown strong performance recently, gaining 4.19% over the last two days and outperforming its sector by 2.32%. In terms of returns, the stock has increased by 2.52% over the past week and 19.66% over the past month, significantly outperforming the Sensex, which has declined by 1.36% and increased by only 1.79% respectively over the same periods. The company also boasts strong long-term fundamentals, with a robust average Return on Equity (ROE) of 26.35% and impressive growth in net sales and operating profit.
In the broader market context, Monarch Networth's recent performance stands in stark contrast to the benchmark, as it has outperformed the Sensex in both the short-term and long-term metrics. While the stock has generated a return of 34.43% over the past year, the Sensex has only increased by 2.36%. However, there are concerns regarding falling investor participation, as evidenced by a 20.64% drop in delivery volume compared to the 5-day average, which may indicate some caution among investors. Additionally, the company has faced negative results in its latest quarterly report, with significant declines in profit before tax and net sales, which could temper enthusiasm despite its strong long-term growth prospects.