Why is Heritage Foods falling/rising?

As of 12-Aug, Heritage Foods Ltd is experiencing a price increase, currently at Rs 470.45, reflecting a rise of 8.9 points or 1.93%. The stock has shown positive momentum, outperforming its sector by 2.77% today and achieving a consecutive gain over the last two days with a total return of 2.35%. Despite a year-to-date decline of 2.88% and a one-year drop of 14.51%, the stock has demonstrated strong performance over the longer term, with a remarkable 207.16% increase over the past three years. The company's management efficiency is highlighted by a high return on equity (ROE) of 16.42% and a low debt-to-equity ratio of 0.06, contributing to its attractive valuation.
In the broader market context, Heritage Foods has outperformed the Sensex in the short term, with a 1-week return of +0.83% compared to the benchmark's -0.59%. However, the stock's liquidity has been impacted by a significant drop in delivery volume, which fell by 32.54% against the 5-day average. This decline in investor participation could be a concern moving forward. Overall, while the stock is currently rising, its recent performance must be viewed in light of the broader market trends and the mixed signals regarding investor interest.