Why is Megastar Foods falling/rising?

As of 23-Sep, Megastar Foods Ltd is currently priced at 216.30, reflecting a decrease of 1.4 points or 0.64%. The stock has been on a downward trend, having lost 6.3% over the past four days and opened today with a significant gap down of 5.28%. Despite touching an intraday high of Rs 229.5, it also reached a low of Rs 206.2, indicating a wide trading range of Rs 23.3. In terms of performance against benchmarks, the stock has underperformed with a 1-week return of -5.30% compared to the Sensex's -0.34% and a 1-month return of -9.12% against the Sensex's +0.98%. However, it has shown some positive signs with a notable increase in delivery volume, which rose by 48.26% against the 5-day average.
Broader market context indicates that while Megastar Foods has struggled recently, it has outperformed its sector by 1.16% today. The stock's year-to-date performance shows a decline of 2.28%, contrasting sharply with the Sensex's gain of 5.07%. Despite the recent price drop, the company has reported positive financial results, including a 91.30% growth in net sales over the last six months and a significant increase in profits. This suggests that while the stock is currently facing downward pressure, its attractive valuation and improving financial metrics may provide a foundation for recovery in the longer term.