Why is Apex Frozen Food falling/rising?

As of 01-Jul, Apex Frozen Foods Ltd is experiencing a price increase, currently at Rs 253.00, reflecting a rise of 8.0 (3.27%). The stock has shown strong performance today, outperforming its sector by 4.77% and achieving a consecutive gain over the last six days, with a total return of 10.75% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The company recently reported positive financial results after five consecutive quarters of losses, with significant growth in profit before tax, profit after tax, and net sales, which has likely contributed to the stock's upward movement.
In the broader market context, Apex Frozen Foods has outperformed the Sensex in the short term, with a 1-week return of 9.64% compared to the Sensex's 2.00%. However, it is important to note that the stock has underperformed on a year-to-date basis, with a decline of 7.44% against the Sensex's gain of 7.11%. Despite this, the recent positive financial results and attractive valuation compared to peers may be driving renewed investor interest, as evidenced by the increase in delivery volume. Nonetheless, the stock's long-term performance remains a concern, with a significant drop in profits over the past year.