Why is Heritage Foods falling/rising?

As of 05-Jun, Heritage Foods Ltd is experiencing a price increase, currently at Rs 468.70, reflecting a rise of Rs 22.7 or 5.09%. The stock has shown strong performance today, outperforming its sector by 5.1% and achieving a consecutive gain over the last four days with a total return of 16.33%. Additionally, the stock reached an intraday high of Rs 472.4. Over the past week, it has gained 15.81%, while its one-month return stands at 17.90%. The company has demonstrated high management efficiency with a return on equity (ROE) of 16.42% and a low debt-to-equity ratio of 0.06. Positive financial results over the last seven quarters, including a 29.61% growth in profit after tax, have contributed to the stock's bullish trend, supported by a favorable technical outlook.
In the broader market context, Heritage Foods has significantly outperformed the benchmark Sensex in the short term, with a 1-week return of 15.81% compared to the Sensex's slight decline of 0.23%. However, it is important to note that the stock has underperformed over the past year, with a return of -14.31% against the Sensex's gain of 9.49%. Despite this long-term underperformance, the recent surge in investor participation, as indicated by a 158.75% increase in delivery volume, suggests renewed interest in the stock. While the company has shown strong recent performance, its long-term growth remains a concern due to slower net sales growth of 8.69% annually over the last five years.