Why is Jubilant Food falling/rising?

As of 18-Aug, Jubilant Foodworks Ltd is currently priced at Rs 635.80, reflecting an increase of Rs 4.15 or 0.66%. The stock has shown a mixed performance recently, with a 1-week return of +0.76%, but it has underperformed the sector by -0.63% today. The stock reached an intraday high of Rs 649.8, indicating some volatility. While it is trading above its 5-day moving averages, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. Despite a year-to-date decline of -11.33%, the company has demonstrated healthy long-term growth with net sales increasing at an annual rate of 20.26%. However, its profits have decreased by -3.7% over the past year, contributing to a negative sentiment around the stock.
In the broader market context, the Sensex has shown a slight gain of +0.83% over the past week, which is marginally better than Jubilant Foodworks' performance. The stock's recent rise may be attributed to increased investor participation, as evidenced by a 23.57% rise in delivery volume on August 14. The company holds a significant market position, constituting 23.30% of its sector, and its fair valuation suggests it is trading at a discount compared to peers. However, the overall negative returns over the past month and year indicate that investors remain cautious, reflecting a broader trend in the market where the stock has not kept pace with the benchmark indices.