Why is Euro India Fresh falling/rising?

As of 11-Aug, Euro India Fresh Foods Ltd is experiencing a price increase, currently at 237.96, which reflects a rise of 3.96 or 1.69%. The stock has shown strong performance today, outperforming its sector by 1.1%. It is trading above its 5-day, 50-day, 100-day, and 200-day moving averages, although it is below the 20-day moving average. Over the past week, the stock has gained 0.15%, while it has seen a decline of 7.62% over the past month. Despite this recent dip, the stock has generated a notable return of 34.53% over the past year and 108.46% over the last three years. The company has reported positive results for the last three consecutive quarters, with net sales growing by 21.13% in the latest six months and a higher profit after tax of Rs 2.91 crore, contributing to the stock's upward movement.
In the broader market context, the stock's short-term performance contrasts with the Sensex, which has declined by 0.56% over the past week. While Euro India Fresh Foods Ltd has demonstrated strong returns in the long term, it faces challenges such as weak long-term fundamental strength indicated by an average return on capital employed of 6.28% and a high debt to EBITDA ratio of 4.28 times. Additionally, the low stake held by domestic mutual funds may suggest a lack of confidence in the stock's valuation despite its recent positive performance. Overall, the stock's rise today can be attributed to its recent positive financial results and strong historical performance, even as it grapples with underlying concerns regarding its long-term growth potential.