Why is Heritage Foods falling/rising?

As of 15-Sep, Heritage Foods Ltd is currently priced at 488.65, reflecting an increase of 1.2 (0.25%). The stock has been on an upward trend, gaining for the last four days with a total return of 1.59% during this period. It reached an intraday high of Rs 499.75, which is a rise of 2.52%. Heritage Foods is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance. Despite a year-to-date return of 0.88%, the stock has underperformed over the past year with a decline of 13.73%. However, the company's profits have increased by 19.1%, and it has a high return on equity (ROE) of 16.42% and a low debt-to-equity ratio of 0.06, suggesting solid management efficiency and attractive valuation compared to peers.
In the broader market context, Heritage Foods' short-term performance of +0.11% over the past week is lagging behind the Sensex, which has gained 1.24% in the same period. While the stock's recent gains are notable, the overall market sentiment appears to be more favorable towards the benchmark. The decline in delivery volume by 24.59% against the 5-day average indicates a potential decrease in investor participation, which could be a concern for sustained upward momentum. Despite these challenges, the stock's liquidity remains adequate for trading, and its valuation metrics suggest it is fairly priced relative to historical averages, which may support its current price level.