Why is ADF Foods falling/rising?

As of 17-Sep, ADF Foods Ltd's stock price is currently at Rs 236.40, reflecting an increase of Rs 5.55 or 2.4%. The stock opened with a gain of 2.53% today and reached an intraday high of Rs 236.7. Despite this positive movement, the stock has underperformed over the past year, with a return of -17.99%, while the market benchmark, Sensex, has only fallen by -0.46%. The company's low debt-to-equity ratio and high institutional holdings at 34% suggest a stable financial position, but the recent decline in profits and negative operating cash flow indicate underlying challenges. Additionally, the stock is trading at a premium compared to its peers, which may affect investor sentiment.
Broader market context shows that ADF Foods has had a mixed performance relative to the benchmark. In the short term, the stock has gained 1.00% over the past week, while the Sensex has increased by 1.56%. However, the stock's year-to-date performance is concerning, with a significant decline of -19.92% compared to the Sensex's positive return of 5.83%. This disparity highlights the stock's struggle to attract investor confidence despite today's gains, particularly in light of its poor long-term growth prospects and recent negative financial results.