Why is Ovobel Foods falling/rising?

As of 09-Jul, Ovobel Foods Ltd's stock price is currently at 104.00, reflecting a slight increase of 0.15 (0.14%). The stock has recently shown a trend reversal, gaining after ten consecutive days of decline. However, it has underperformed its sector by 0.62% today. In terms of returns, the stock has experienced a significant drop of 45.31% over the past year, while its year-to-date performance is down by 1.00%. Despite these declines, the company has reported strong financial metrics, including a 65.75% growth in net sales and a low debt to EBITDA ratio of 0.64 times, indicating a strong ability to service its debt. Nevertheless, the stock is trading at a premium compared to its peers, and its profits have decreased by 49.4% over the past year, contributing to the overall negative sentiment.
In the broader market context, the Sensex has shown a modest gain of 0.15% over the past week, contrasting with Ovobel Foods' decline of 6.64% during the same period. While the stock has outperformed the benchmark over the three-year horizon with a return of 122.70% compared to the Sensex's 53.33%, its recent performance indicates a struggle to maintain investor confidence. The falling investor participation, with a delivery volume decrease of 23.44% against the five-day average, further underscores the challenges the stock faces in the current market environment.