Why is Apex Frozen Food falling/rising?

As of 02-Jul, Apex Frozen Foods Ltd's stock price is currently at 258.45, reflecting an increase of 5.45 or 2.15%. The stock has been on a positive trajectory, gaining for the last seven days with a total return of 13.13% during this period. Despite opening with a loss of 7.87% today, it reached an intraday high of Rs 264.5, indicating volatility within a wide trading range of Rs 31.4. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bullish trend. Additionally, the company has reported positive financial results after five consecutive quarters of losses, with significant growth in profit before tax, profit after tax, and net sales, which may have contributed to the stock's upward movement.
In the broader market context, Apex Frozen Foods has outperformed the benchmark Sensex, with a 1-week return of 9.56% compared to the Sensex's 0.79%. Over the past year, the stock has generated a return of 16.24%, significantly higher than the market's 3.11%. The aquaculture sector, in which the company operates, has also seen gains, further supporting investor confidence. The rising investor participation, evidenced by a 231.37% increase in delivery volume, suggests growing interest in the stock, which may be driving its recent price increase.