Why is Jubilant Food falling/rising?

As of 01-Sep, Jubilant Foodworks Ltd is experiencing a price increase, currently at Rs 631.20, reflecting a rise of 5.1 (0.81%). Today, the stock has shown a trend reversal by gaining after three consecutive days of decline, opening with a gain of 2.2% and reaching an intraday high of Rs 639.85. Despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term bearish trend. Additionally, the stock's performance over the past week and month has been negative, with declines of 2.56% and 1.60%, respectively. However, the company has demonstrated healthy long-term growth with a net sales increase of 20.26% annually and strong quarterly results, including a 67% growth in PAT and record net sales.
In the broader market context, Jubilant Foodworks has underperformed compared to the Sensex, which has seen a decline of only 1.56% over the past week and 0.29% over the past month. This suggests that while the stock is currently rising, it has not kept pace with the overall market trends. The company's market capitalization of Rs 41,313 crore positions it as a significant player in its sector, constituting 22.54% of the industry. Despite the recent positive price movement, the stock's year-to-date performance remains negative at -11.97%, highlighting ongoing challenges despite its strong fundamentals.