Why is Ovobel Foods falling/rising?

As of 10-Jul, Ovobel Foods Ltd's stock price is currently at 104.95, reflecting an increase of 0.95 or 0.91%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 1.06% during this period. However, it has underperformed over the past week with a decline of 3.89%. Despite this, the stock has outperformed its sector by 1.5% today. The company's strong management efficiency is highlighted by a high return on equity (ROE) of 19.97% and a low debt to EBITDA ratio of 0.64, indicating a solid ability to service debt. Nevertheless, the stock has experienced a significant decline of 45.05% over the past year, coinciding with a 49.4% drop in profits, which may contribute to cautious investor sentiment.
In the broader market context, the Sensex has remained relatively stable with a slight decline of 0.06% over the past week, while Ovobel Foods' performance has been more volatile. The stock's year-to-date performance is slightly negative at -0.10%, contrasting with the Sensex's gain of 6.46% during the same period. This disparity suggests that while the stock has some positive indicators, such as recent gains and strong sales growth, it is still facing challenges that may be affecting investor confidence compared to the overall market performance.