Why is Jubilant Food falling/rising?

As of 29-Jul, Jubilant Foodworks Ltd is currently priced at 653.20, reflecting an increase of 6.25 or 0.97%. The stock has recently experienced a trend reversal, gaining after eight consecutive days of decline. Despite this uptick, it has underperformed its sector by 0.47% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a decline of 1.19%, and a significant drop of 7.67% over the past month. However, it has generated a positive return of 10.43% over the past year, despite a 7.1% decrease in profits during that time. The stock is currently trading at a discount compared to its peers, which may attract investors looking for value.
In the broader market context, the stock's recent performance contrasts with the benchmark, as the Sensex has declined by 1.03% over the past week and 3.24% over the past month. While the stock has outperformed the broader market over the past year, the overall market has generated negative returns of 2.26%. The liquidity of the stock remains adequate, with a delivery volume increase of 41.04% against the 5-day average, indicating rising investor participation. Despite the recent gains, the stock's overall performance in the short term has been lackluster compared to the benchmark, suggesting that investor sentiment may still be cautious.