Why is Megastar Foods falling/rising?

As of 09-Jul, Megastar Foods Ltd is experiencing a slight increase in its stock price, currently at 273.05, reflecting a change of 1.0 or 0.37% upward. Despite this positive movement today, the stock has underperformed its sector by 0.39%. Over the past week, it has seen a decline of 4.26%, although it has gained 5.85% over the past month. The stock is currently trading above its 20-day, 50-day, 100-day, and 200-day moving averages, but it is below its 5-day moving average. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 73.99% compared to the 5-day average. While the stock has generated a nearly flat return of -0.05% over the past year, its profits have decreased by 40%, indicating potential concerns about its financial performance. However, the stock is trading at a discount compared to its peers, and institutional investors have increased their stake by 0.54%, suggesting a level of confidence in the company's fundamentals.
In the broader market context, the Sensex has shown a slight increase of 0.09% over the past week, contrasting with Megastar Foods' decline during the same period. While the stock has outperformed the benchmark year-to-date with a return of 21.92% compared to the Sensex's 7.75%, the recent underperformance in the short term may reflect broader market sentiments or specific concerns related to the company's profitability. The increasing participation of institutional investors could provide some support for the stock, as these investors typically have more resources to analyze the company's fundamentals, potentially stabilizing its price in the face of recent volatility.