Why is Milkfood falling/rising?

As of 02-Sep, Milkfood Ltd's stock price is currently at Rs 74.20, reflecting an increase of Rs 1.66 or 2.29%. The stock has shown a positive trend recently, gaining 5.25% over the last two days and outperforming its sector by 0.81% today. Despite this short-term gain, the stock has experienced significant declines over the past year, with a return of -49.39%. The company's financial health is concerning, as it has reported operating losses and a substantial drop in net sales of -23.31%. Additionally, the stock is trading at a discount compared to its peers, but its profitability is low, indicated by a Return on Equity of only 3.72%.
In the broader market context, Milkfood's recent performance contrasts with the Sensex, which has seen a slight decline of -0.78% over the past week. While the stock has outperformed the sector in the short term, its long-term performance remains weak, with a -34.34% return year-to-date compared to the Sensex's positive return of +2.58%. The company has faced challenges such as high debt levels and declining profits, which contribute to a weak long-term fundamental strength. Overall, while there are short-term gains, the underlying financial issues and poor long-term performance suggest caution for investors.