Why is Mufin Green falling/rising?

As of 31-Oct, Mufin Green Finance Ltd is experiencing a significant rise in its stock price, currently at Rs 118.16, reflecting an increase of Rs 19.48 or 19.74%. The stock has shown strong performance today, outperforming its sector by 20.47% and achieving a consecutive gain over the last three days, with a total return of 23.07% in that period. Additionally, Mufin Green has been trading above its moving averages across various time frames, indicating a bullish trend. The company has demonstrated impressive long-term growth, with operating profits increasing at a compound annual growth rate (CAGR) of 161.32% and net sales growing at an annual rate of 75.19%. This strong fundamental strength contributes positively to the stock's recent upward movement.
In the broader market context, Mufin Green's short-term performance has significantly outpaced the benchmark, with a 1-week return of +22.29% compared to the Sensex's -0.32%. Over the past month, the stock has also outperformed the benchmark, gaining 34.82% while the Sensex increased by only 3.65%. Despite a decline in investor participation, as indicated by a 21.84% drop in delivery volume, the stock remains liquid enough for trading, which supports its price stability. Overall, the combination of strong performance metrics and favorable long-term growth prospects positions Mufin Green favorably in the current market environment.