Why is Heritage Foods falling/rising?

As of 12-Sep, Heritage Foods Ltd is experiencing a price increase, currently at 487.45, reflecting a change of 1.1 or 0.23% upward. The stock has shown a positive performance today, outperforming its sector by 1.12% and has been on a gaining streak for the last three days, accumulating a total return of 1.34% during this period. Additionally, Heritage Foods is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The stock's recent performance is further supported by a significant increase in delivery volume, which rose by 63.89% compared to the 5-day average. Despite a year-to-date return of only 0.63%, the company has shown a profit increase of 19.1%, contributing to a favorable valuation with a Price to Book Value of 4.7 and a high return on equity of 16.42%.
In the broader market context, Heritage Foods has outperformed the Sensex over the past week and month, with returns of 3.17% and 3.91%, respectively, compared to the benchmark's 1.48% and 2.08%. This indicates that the stock is gaining traction relative to the overall market. However, it is important to note that the stock has underperformed over the past year, with a decline of 14.27% against the Sensex's slight drop of 1.28%. The company's low debt-to-equity ratio and high management efficiency suggest a solid foundation, which may be contributing to the recent positive sentiment among investors, despite the longer-term challenges reflected in its annual performance.