Why is Mufin Green falling/rising?

As of 04-Sep, Mufin Green Finance Ltd's stock price is currently at 86.14, reflecting a slight increase of 0.18 or 0.21%. The stock has shown a trend reversal, gaining after two consecutive days of decline. However, it remains below the 20-day, 50-day, and 200-day moving averages, indicating some weakness in the short-term trend. Over the past week, the stock has gained 0.62%, but it has underperformed over the past month with a decline of 0.97%. The company's long-term fundamentals appear strong, with a significant 161.32% compound annual growth rate in operating profits and a 75.19% annual growth rate in net sales. However, recent performance has been mixed, with a decline in profit after tax and a low earnings per share, leading to concerns about its valuation.
In the broader market context, Mufin Green's performance has lagged behind the benchmark, with a year-to-date decline of 18.70% compared to a 3.30% increase in the Sensex. Despite the stock's recent uptick, the overall sentiment remains cautious due to a lack of investor participation, as evidenced by a 20.89% drop in delivery volume. Additionally, the stock's valuation appears expensive relative to its return on equity, and the absence of domestic mutual fund investment may signal a lack of confidence among institutional investors. Overall, while there are positive long-term growth indicators, the stock's recent movements and broader market performance suggest a challenging environment.