Why is L T Foods falling/rising?

As of 27-Jun, L T Foods Ltd is experiencing a significant rise in its stock price, currently at 484.60, which reflects an increase of 42.95 or 9.72%. The stock has recently hit a new 52-week and all-time high of Rs. 497.95, showcasing strong performance today with an intraday high increase of 12.75%. Over the past week, the stock has outperformed the sector by 10.01%, and its returns over the last year stand at an impressive 89.52%. Positive factors contributing to this rise include high management efficiency indicated by a return on capital employed (ROCE) of 15.43%, a low debt-to-equity ratio of 0.50, and consistent long-term growth in net sales and operating profit. Additionally, there has been an increase in institutional investor participation, which may reflect confidence in the company's fundamentals.
In the broader market context, L T Foods has outperformed the benchmark Sensex, which has only increased by 2.00% over the past week, while L T Foods has risen by 12.31% in the same period. This trend of outperformance is consistent, as the stock has generated returns exceeding those of the BSE 500 over the last three years. However, it is worth noting that there has been a decline in delivery volume, which fell by 68.96% compared to the five-day average, indicating a potential risk in investor participation. Despite this, the stock's liquidity remains adequate for trading, and its valuation appears attractive compared to peers, further supporting the upward price movement.