Why is ADF Foods falling/rising?

As of 01-Sep, ADF Foods Ltd's stock price is currently at Rs 211.55, reflecting an increase of Rs 3.6 or 1.73%. The stock has recently shown signs of recovery after three consecutive days of decline, outperforming its sector by 1.13%. However, it is still trading lower than its moving averages across various time frames, indicating a bearish trend. Over the past year, the stock has generated a return of -21.43%, and its profits have decreased by 6.9%. Despite a low debt-to-equity ratio and high institutional holdings at 34%, the company has faced challenges with poor long-term growth, as evidenced by a decline in operating profit and net sales.
In the broader market context, ADF Foods has underperformed compared to the Sensex, with a one-week return of -8.68% against the benchmark's -1.56%. This trend is consistent with its year-to-date performance, where the stock has fallen by 28.34%, while the Sensex has gained 2.85%. The stock's liquidity remains adequate for trading, but the overall negative sentiment surrounding its financial performance and the broader market conditions contribute to its recent price movements.