Why is MRC Agrotech falling/rising?

As of 21-Jul, MRC Agrotech Ltd's stock price is rising, currently at Rs. 26.57, reflecting an increase of 1.26 or 4.98%. The stock has reached a new 52-week high today and has been on a positive trajectory, gaining 20.77% over the past week and outperforming its sector by 4.45%. Additionally, the stock has shown strong performance over the last year, with a return of 105.97%, significantly higher than the broader market's return of 1.63%. Positive quarterly results, including the highest PBDIT and PAT figures, have contributed to this upward movement, although concerns remain regarding the company's long-term fundamental strength due to a lack of recent financial disclosures and weak growth metrics.
In the broader market context, MRC Agrotech's short-term performance stands in stark contrast to the Sensex, which has seen a negligible change of -0.06% over the past week. This significant outperformance highlights investor confidence in MRC Agrotech despite the company's long-term challenges, such as a weak EBIT to Interest ratio and negative EBITDA, which suggest potential risks. The rising investor participation, indicated by a substantial increase in delivery volume, further supports the stock's upward momentum, making it a focal point for investors looking for growth opportunities in a generally stagnant market.