Why is Heritage Foods falling/rising?

As of 25-Jun, Heritage Foods Ltd is experiencing a price increase, currently at Rs 488.75, reflecting a rise of Rs 17.35 or 3.68%. The stock has shown strong performance recently, gaining 12.45% over the last four days and outperforming its sector by 2.74% today. It has also touched an intraday high of Rs 494.5. The stock is trading above all its moving averages, indicating positive momentum. Despite a year-over-year decline of 16.29%, the company has demonstrated strong financial health with a high return on equity (ROE) of 16.42%, low debt-to-equity ratio, and consistent positive results over the last seven quarters, including a significant profit growth of 29.61% in the latest six months.
In the broader market context, Heritage Foods has significantly outperformed the benchmark Sensex in the short term, with a 1-week return of 10.71% compared to the Sensex's 1.61%. However, it has underperformed over the past year, where the Sensex has gained 6.02% while Heritage Foods has seen a decline. This contrast highlights the stock's recent recovery despite its longer-term challenges, such as slower growth in net sales and underperformance against the broader market over the past year.