Why is Bikaji Foods falling/rising?

As of 04-Sep, Bikaji Foods International Ltd is experiencing a price increase, currently at 801.15, reflecting a rise of 15.15 or 1.93%. Today's price summary indicates that the stock has outperformed its sector by 1.18% and has shown a trend reversal after two consecutive days of decline, opening with a gain of 2.61%. The stock reached an intraday high of Rs 820.85, marking a 4.43% increase. Over the past week, Bikaji Foods has returned +0.93%, while its one-month performance stands at +7.36%, contrasting with the Sensex, which has seen a slight decline of -0.37% over the same period. The company benefits from high management efficiency, as evidenced by a return on equity (ROE) of 18.16%, a low debt-to-equity ratio, and a healthy long-term growth rate in operating profit of 34.62%. Additionally, high institutional holdings at 20.01% suggest confidence from more knowledgeable investors.
In the broader market context, Bikaji Foods has outperformed the Sensex in the short term, with a one-week return of +0.93% compared to the benchmark's +0.80%. However, the stock's year-to-date performance of +3.07% is slightly behind the Sensex's +3.30%. Despite the positive indicators, there is a noted decline in investor participation, with delivery volume falling by 35.09% against the five-day average, which could signal caution among retail investors. The liquidity of the stock remains adequate for trading, indicating that while the stock is currently rising, there are mixed signals regarding investor engagement that could impact future performance.