Why is Euro India Fresh falling/rising?

As of 20-Oct, Euro India Fresh Foods Ltd is experiencing a rise in its stock price, currently at 235.17, reflecting an increase of 11.35 or 5.07%. The stock has outperformed its sector today by 5.51%, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong short-term momentum. Over the past year, the stock has generated a return of 16.06%, significantly higher than the market's (BSE500) return of 0.80%. The company has reported positive results for the last three consecutive quarters, with net sales growing by 21.13% and a higher profit after tax of Rs 2.91 crore, contributing to the stock's upward movement.
In the broader market context, while the stock has shown a slight decline of 0.51% over the past week, it has still outperformed the Sensex, which increased by 2.44% during the same period. However, there are concerns regarding the company's long-term fundamental strength, as indicated by a high debt to EBITDA ratio and an average return on capital employed of 6.28%. Despite these weaknesses, the stock's current valuation appears attractive compared to its peers, which may attract investors looking for growth opportunities. The lack of domestic mutual fund investment, however, suggests some caution in the market regarding the company's future prospects.