Why is L T Foods falling/rising?

As of 16-Jul, L T Foods Ltd is experiencing a rise in its stock price, currently at Rs 503.00, reflecting an increase of Rs 11.00 or 2.24%. The stock has shown strong performance recently, with a consecutive gain over the last two days and a total return of 4.6% during this period. It is also close to its 52-week high, just 1.19% away from Rs 509. The stock has outperformed its sector by 0.55% today and is trading above all key moving averages, indicating positive momentum. Additionally, the stock has demonstrated impressive returns over various periods, including a 72.11% increase over the past year and a staggering 481.17% over the last three years. Factors contributing to this rise include high management efficiency, a low debt-to-equity ratio, and consistent growth in net sales and operating profit. Furthermore, institutional investors have increased their stake, reflecting confidence in the company's fundamentals.
In the broader market context, L T Foods has outperformed the benchmark Sensex, which has declined by 1.08% over the past week while the stock itself has risen by 1.99%. This trend of outperformance is consistent with its year-to-date return of 19.48% compared to the Sensex's 5.75%. The rising investor participation, evidenced by a significant increase in delivery volume, further supports the stock's upward movement. Overall, the combination of strong financial metrics, positive investor sentiment, and favorable market conditions has contributed to the stock's rising price.