Why is Mufin Green falling/rising?

As of 14-Jul, Mufin Green Finance Ltd's stock price is currently at 92.67, reflecting an increase of 0.64 or 0.7%. The stock has shown strong performance recently, gaining 8.14% over the last five days and outperforming its sector by 0.51%. In the past week, the stock has risen by 8.26%, while over the past month, it has increased by 23.12%. However, despite these positive short-term movements, the stock has underperformed over the longer term, with a year-to-date decline of 12.53% and a one-year drop of 20.11%. The company has strong long-term fundamentals, evidenced by a significant growth rate in net sales and operating profits, but it also faces challenges such as flat quarterly results and a high valuation compared to its peers, which may contribute to investor caution.
In the broader market context, Mufin Green's recent performance contrasts sharply with the benchmark Sensex, which has seen a decline of 1.42% over the past week and a modest increase of 1.40% over the past month. While Mufin Green has outperformed the benchmark in the short term, its long-term performance remains concerning, particularly given the negative returns over the past year compared to the market's slight gain. The lack of domestic mutual fund investment may indicate a lack of confidence in the stock's valuation, further complicating its market position. Overall, while the stock is experiencing a short-term rise, its longer-term challenges and underperformance relative to the broader market suggest a cautious outlook.