Why is Ovobel Foods falling/rising?

As of 05-Sep, Ovobel Foods Ltd is currently priced at 163.05, reflecting a decrease of 6.25, or 3.69%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 4.43% during this period. Today's trading saw the stock touch an intraday low of Rs 158, indicating a significant drop of 6.67%. Despite this recent downturn, the stock has shown strong performance over the past week and month, with returns of 10.09% and 12.53%, respectively. However, there has been a notable decline in investor participation, with delivery volume dropping by 55.67% compared to the five-day average. On a positive note, the company demonstrates high management efficiency with a return on equity of 19.97%, a low debt to EBITDA ratio of 0.64, and strong growth in operating profit, which has increased at an annual rate of 51.70%. Additionally, rising promoter confidence, evidenced by a 0.53% increase in their stake, suggests a positive outlook for the company.
In the broader market context, Ovobel Foods has outperformed the Sensex significantly in the short term, with a 1-week return of 10.09% compared to the benchmark's 1.13%. This indicates that while the stock is currently experiencing a decline, it has been performing well relative to the market over recent weeks. However, the recent price drop may reflect short-term volatility and investor sentiment, particularly given the recent underperformance against its sector and the decrease in trading volume. Overall, while the stock has shown strong long-term growth and positive financial indicators, the recent price movement suggests a cautious sentiment among investors.