Why is Hoac Foods falling/rising?

As of 16-Sep, Hoac Foods India Ltd is experiencing a decline in its stock price, currently at 230.35, which reflects a decrease of 7.45 points or 3.13%. The stock has underperformed its sector by 2.75% today, despite being higher than its 20-day, 50-day, 100-day, and 200-day moving averages, indicating some strength in the longer-term trend. However, it is lower than its 5-day moving average, suggesting a recent short-term weakness. The stock has shown a strong year-to-date return of 55.91% and a one-year return of 58.86%, but it has faced a weekly decline of 1.69%. Notably, there has been a significant increase in investor participation, with delivery volume rising by 58.54% against the 5-day average, indicating growing interest despite the current price drop.
In the broader market context, the Sensex has gained 1.49% over the past week, contrasting with Hoac Foods' recent decline, which highlights the stock's underperformance relative to the benchmark. Over the past month, while Hoac Foods has outperformed the Sensex with a return of 15.17% compared to the benchmark's 2.47%, the recent price drop may reflect profit-taking or market corrections after a strong performance. The liquidity of the stock remains adequate, as it is liquid enough for trades of Rs 0.01 crore, which may help mitigate some volatility in the current trading environment.