Why is L T Foods falling/rising?

As of 19-Sep, L T Foods Ltd is experiencing a price increase, currently at Rs 472.80, reflecting a rise of Rs 7.5 or 1.61%. The stock has shown strong performance today, outperforming its sector by 2.23% and achieving a consecutive gain over the last three days with a total return of 3.21%. It reached an intraday high of Rs 479.8, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has demonstrated impressive returns over various periods, including a 12.30% increase year-to-date and a remarkable 328.45% increase over the past three years. However, there is a noted decline in investor participation, with delivery volume falling by 45.56% against the 5-day average.
In the broader market context, L T Foods has outperformed the Sensex, which has only increased by 0.88% over the past week, while L T Foods has risen by 2.26%. The stock's strong performance can be attributed to several positive factors, including high management efficiency indicated by a return on capital employed (ROCE) of 15.43%, a low debt-to-equity ratio of 0.50, and increasing participation from institutional investors, who have raised their stake by 1.43%. These institutional investors bring a level of analytical capability that can positively influence stock performance. Furthermore, L T Foods has consistently generated returns over the last three years, solidifying its position as a significant player in its sector, with a market cap of Rs 16,147 crore, accounting for 28.26% of the industry.