Why is Modi Naturals falling/rising?

As of 24-Jul, Modi Naturals Ltd's stock price is currently at 490.80, reflecting an increase of 6.7, or 1.38%. Today's price summary indicates that the stock has outperformed its sector by 1.12% and has experienced a trend reversal, gaining after two consecutive days of decline. The stock reached an intraday high of Rs 495, showing a 2.25% increase. Despite this positive movement, the stock has seen a decline of 4.23% over the past month and a year-to-date drop of 7.19%. However, it has delivered an impressive return of 88.91% over the past year, supported by strong operating profit growth and positive quarterly results. The company's healthy long-term growth prospects, with an annual operating profit increase of 53.05%, and a very attractive valuation compared to peers contribute positively to the stock's recent performance. Conversely, concerns about management efficiency, a high Debt to EBITDA ratio, and decreasing promoter confidence may weigh on investor sentiment.
In the broader market context, the stock's short-term performance has been relatively stable, with a slight decline of 0.04% over the past week, compared to a marginal drop of 0.09% in the Sensex. While the stock has outperformed the benchmark in the long term, it is essential to note that its recent performance has been mixed, with significant volatility in the short term. The overall market sentiment appears to be cautious, reflecting the company's challenges alongside its strong growth metrics.