Why is Murudesh.Ceramic falling/rising?

As of 29-Jul, Murudeshwar Ceramics Ltd is experiencing a price increase, with its current price at Rs 43.88, reflecting a rise of 1.32 (3.1%). Today's price summary indicates that the stock has outperformed its sector by 3.42% and has shown a trend reversal after five consecutive days of decline. Although the stock has a one-week return of -6.44% and a year-to-date return of -13.96%, it has demonstrated positive performance over the last month with a gain of 0.87%. The company has reported positive results for the last three consecutive quarters, with a significant growth in PAT and net sales, contributing to a favorable valuation compared to its peers.
In the broader market context, the Sensex has declined by 1.03% over the past week, indicating that Murudeshwar Ceramics' short-term performance is relatively better than the benchmark. Despite the stock's year-on-year return of -24.20%, its profits have increased significantly, suggesting that the stock may be undervalued. However, there is a noted decline in investor participation, with delivery volume falling by 47.94% against the five-day average, which could impact future price movements. Overall, while the stock is currently rising, the mixed signals from performance metrics and investor activity suggest caution moving forward.