Why is Mufin Green falling/rising?

As of 04-Jul, Mufin Green Finance Ltd's stock price is currently at Rs 86.21, reflecting an increase of Rs 5.59 or 6.93%. The stock has been on an upward trend, gaining for six consecutive days and achieving a total return of 19.47% during this period. It has outperformed its sector by 6.8% today and reached an intraday high of Rs 87. Despite a year-to-date decline of 18.63%, the stock has shown strong short-term performance with a 17.84% increase over the past week. However, the company faces challenges, including a flat performance in the most recent quarter, where profit after tax fell by 29.7%, and a relatively high price-to-book ratio of 6.3, indicating expensive valuation compared to peers. Additionally, institutional investor participation has decreased, which may affect market confidence.
Broader market context indicates that while Mufin Green has experienced significant short-term gains, it has underperformed the broader market over the past year, with a return of -28.72% compared to the Sensex's gain of 4.23%. The stock's recent performance contrasts sharply with the benchmark, highlighting its volatility and the impact of fluctuating investor sentiment. Despite the positive momentum in the short term, the long-term outlook remains cautious due to the company's inconsistent earnings and declining institutional interest, which could hinder sustained growth.