Why is Mufin Green falling/rising?

As of 15-Jul, Mufin Green Finance Ltd is experiencing a price increase, currently at 93.58, with a change of 0.91 (0.98%) upward. The stock has shown a strong performance recently, gaining 9.32% over the last six days and outperforming the benchmark Sensex, which has declined by 1.36% over the past week. Despite a significant drop in delivery volume by 49.26% compared to the five-day average, the stock is trading above its moving averages across various time frames, indicating positive momentum. However, the company has faced challenges, such as a flat performance in its latest quarterly results, with a notable decline in PAT and EPS, which may raise concerns among investors. Additionally, the stock's high valuation metrics, including a Price to Book Value of 6.9 and a PEG ratio of 5.5, suggest that it may be considered expensive relative to its earnings growth.
In the broader market context, Mufin Green's recent performance contrasts sharply with the benchmark, as it has achieved a 9.05% return over the past week while the Sensex has fallen. Over the past month, Mufin Green has outperformed the Sensex, with a return of 24.33% compared to the benchmark's 1.79%. However, the stock has underperformed over the longer term, with a year-to-date decline of 11.68% against the Sensex's gain of 5.67%. The lack of domestic mutual fund investment, holding only 0% of the company, may indicate a lack of confidence in its valuation or business prospects, which could impact future price movements. Overall, while the stock is currently rising, its long-term performance and valuation concerns may temper investor enthusiasm.