Why is Megastar Foods falling/rising?

As of 18-Jul, Megastar Foods Ltd is currently priced at 275.00, reflecting an increase of 4.65 or 1.72%. The stock has shown a trend reversal, gaining after three consecutive days of decline. It has outperformed its sector by 2.38% today, although it has experienced a decrease in delivery volume, which fell by 40.28% against the five-day average. Over the past month, the stock has risen by 13.40%, while it has seen a year-to-date increase of 24.24%. Despite a negative return of -9.14% over the past year, the stock is trading at a discount compared to its peers, suggesting a fair valuation. However, the company's profits have declined by 40%, which may contribute to investor caution.
In the broader market context, the stock's performance over the past week shows a slight decline of -0.36%, while the benchmark Sensex has fallen by -0.90%, indicating that Megastar Foods has outperformed the market in the short term. The stock's strong performance over longer periods, such as a 61.48% increase over three years and a staggering 511.11% rise over five years, suggests a solid long-term growth trajectory. However, the recent drop in investor participation and the decline in profits may create uncertainty among investors, impacting the stock's stability moving forward.