Why is Milkfood falling/rising?

As of 01-Sep, Milkfood Ltd's stock price is currently at Rs 72.54, reflecting an increase of Rs 2.04 or 2.89%. Today's performance indicates that the stock has outperformed its sector by 2.29%, reaching an intraday high of Rs 73, which is a 3.55% increase. However, despite this short-term rise, the stock has shown a significant decline over the past year, with a return of -52.13%. The company is trading at a discount compared to its peers, but it has also reported a substantial drop in profits and net sales, leading to operating losses and a weak long-term fundamental strength. The high Debt to EBITDA ratio and declining profitability per unit of shareholders' funds further contribute to the stock's negative outlook.
In the broader market context, Milkfood's short-term performance of -1.64% over the past week is slightly worse than the Sensex, which declined by -1.56%. Over the past month, Milkfood has underperformed significantly with a return of -11.42% compared to the Sensex's -0.29%. This trend of underperformance is consistent with the company's negative financial results over the last three quarters, which have adversely affected investor sentiment. Despite a recent uptick in price, the overall long-term outlook remains bleak, as indicated by the company's substantial losses and declining sales figures.