Why is Ugro Capital falling/rising?

As of 18-Nov, Ugro Capital Ltd's stock price is currently at Rs 185.20, reflecting an increase of Rs 12.3, or 7.11%. The stock has been performing well recently, with a consecutive gain over the last three days and an overall return of 8.62% during this period. It has outperformed its sector by 7.89% today, reaching an intraday high of Rs 190.15. Despite a decline in delivery volume, which fell by 51.26% against the 5-day average, the stock is trading above its moving averages across various time frames, indicating a strong upward trend. Additionally, Ugro Capital has demonstrated robust long-term growth, with a compound annual growth rate (CAGR) of 84.30% in operating profits and a significant increase in net sales, contributing to its positive momentum.
In the broader market context, Ugro Capital's short-term performance of +7.86% over the past week significantly outpaces the Sensex, which has only risen by 0.96% in the same timeframe. While the stock has experienced a decline of 20.00% year-to-date, its recent positive results, including record net sales and operating profits, suggest a recovery phase. The stock's valuation remains attractive, trading at a fair price compared to its peers, which may further support investor interest and confidence in the company's future growth potential.