Why is Nestle India falling/rising?

As of 18-Aug, Nestle India Ltd's stock price is currently at 1,143.90, reflecting an increase of 54.55, or 5.01%. Today, the stock opened with a gain of 3.18% and reached an intraday high of Rs 1170, marking a 7.4% increase. The stock has outperformed its sector by 2.23% today. However, over the past month, it has seen a decline of 7.48%, and over the past year, it has generated a return of -9.42%. Despite high management efficiency indicated by a ROCE of 162.49% and a low Debt to EBITDA ratio of 0.16, the stock faces challenges due to poor long-term growth and negative results from the latest quarter, which have contributed to its recent price movements.
In the broader market context, the stock's short-term performance of +3.36% over the past week significantly outpaces the Sensex, which has only increased by 0.83%. The FMCG sector, in which Nestle operates, has gained by 2.75%, indicating a favorable environment for the industry. However, the stock's long-term underperformance, with a return of -9.42% over the last year and a lower growth rate in operating profit, suggests that while there may be short-term gains, the overall outlook remains cautious. The stock is trading at a premium compared to its peers, which could also be affecting investor sentiment.