Why is L T Foods falling/rising?

As of 01-Jul, L T Foods Ltd is currently priced at Rs 475.00, reflecting a decrease of Rs 11.3 or 2.32%. The stock has recently underperformed its sector by 2.38% and has fallen after two consecutive days of gains, touching an intraday low of Rs 465.95. Despite this decline, the stock has shown strong performance over the past week, month, and year, with returns of 7.34%, 8.04%, and 81.09% respectively. The company benefits from high management efficiency, a low debt-to-equity ratio, and consistent long-term growth, with net sales and operating profit increasing at annual rates of 15.92% and 15.88%. However, there has been a notable decrease in investor participation, with delivery volume falling by 19.67% against the five-day average, which may contribute to the current price decline.
In the broader market context, L T Foods has outperformed the Sensex over various periods, including a year-to-date return of 12.83% compared to the Sensex's 7.11%. This indicates that while the stock is experiencing a short-term decline, its overall performance remains strong relative to the market. The increasing participation of institutional investors, who have raised their stake by 0.75%, suggests confidence in the company's fundamentals, which may help stabilize the stock in the long run. Nonetheless, the recent drop in delivery volumes and the stock's underperformance today may reflect short-term market sentiment that could be influenced by broader economic factors or sector-specific challenges.