Why is Megastar Foods falling/rising?

As of 15-Jul, Megastar Foods Ltd is currently priced at 280.00, showing no change (0.00%). The stock has demonstrated a positive performance over the past week, with a return of +3.61%, while the benchmark Sensex has declined by -1.36%. Over the past month, Megastar Foods has outperformed the Sensex, gaining +15.70% compared to the benchmark's +1.79%. Despite this, the stock has underperformed its sector today by -0.64%. The stock is trading above its moving averages across various time frames, indicating a bullish trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 22.79% against the 5-day average. However, the stock's return over the past year is negative at -12.61%, and profits have fallen by -40%, suggesting underlying challenges. Institutional investors have increased their stake, which may provide some support for the stock.
In the broader market context, Megastar Foods has shown resilience compared to the Sensex, particularly in the short term, where it has outperformed the benchmark significantly over the past week and month. However, the stock's long-term performance remains concerning, with a -12.61% return over the past year, contrasting with the Sensex's +2.36% return. This divergence highlights the stock's volatility and the impact of recent profit declines on investor sentiment. While the increase in institutional investment may signal confidence in the company's fundamentals, the overall market conditions and the stock's recent erratic trading behavior could contribute to cautious investor sentiment moving forward.