Why is Apex Frozen Food falling/rising?

As of 08-Jul, Apex Frozen Foods Ltd's stock price is currently at Rs 248.00, reflecting an increase of Rs 5.0 or 2.06%. Today's performance indicates a trend reversal as the stock has gained after three consecutive days of decline. It reached an intraday high of Rs 253.9, representing a 4.49% increase. However, the stock's performance over the past week shows a decline of 1.98% compared to the Sensex's slight increase of 0.02%. Despite a recent uptick, the stock has seen a significant drop in investor participation, with delivery volume falling by 84.07% against the five-day average. The company recently declared positive results after five quarters of losses, with substantial growth in profit before tax, profit after tax, and net sales, which may have contributed to the stock's recent rise.
In the broader market context, while Apex Frozen Foods has outperformed its sector today, its year-to-date performance shows a decline of 9.27%, contrasting with the Sensex's gain of 7.13%. The stock's long-term growth prospects appear weak, with net sales and operating profit decreasing over the past five years. Additionally, the absence of domestic mutual fund investment may indicate a lack of confidence in the stock's valuation. Although the stock is trading at a discount compared to its peers, the significant drop in profits over the past year raises concerns about its sustainability, suggesting that while there may be short-term gains, the long-term outlook remains uncertain.