Why is L T Foods falling/rising?

As of 11-Jul, L T Foods Ltd is experiencing a decline in its stock price, currently at Rs 487.00, which reflects a decrease of Rs 7.85 or 1.59%. The stock has fallen after three consecutive days of gains, touching an intraday low of Rs 483.5. Despite this recent downturn, the stock has shown strong performance over the past month with a return of 4.88%, and an impressive 73.68% increase over the past year. The company benefits from high management efficiency and a low debt-to-equity ratio, contributing to its attractive valuation. However, there has been a notable decrease in investor participation, with delivery volume falling by 45.79% against the five-day average, which may be influencing the current price drop.
In the broader market context, L T Foods' short-term performance is relatively better than the benchmark Sensex, which has declined by 1.12% over the past week, while the stock has only slightly decreased by 0.07%. Year-to-date, L T Foods has outperformed the Sensex, gaining 15.68% compared to the benchmark's 5.58%. This suggests that while the stock is currently facing some selling pressure, its overall performance remains strong relative to the market, supported by increasing institutional investor participation and consistent returns over the last three years.