Why is Ovobel Foods falling/rising?

As of 19-Nov, Ovobel Foods Ltd is currently priced at 184.00, reflecting a decrease of 1.3, or 0.7%. The stock has been underperforming in the sector, having fallen consecutively for the last two days with a total decline of 5.45%. Despite opening with a gain of 4.96% and reaching an intraday high of Rs 194.5, it also experienced a low of Rs 177.1. Over the past week, the stock has shown a strong performance with a return of 6.39%, and over the last month, it has increased by 31.48%. The company has demonstrated high management efficiency and strong financial health, with a low Debt to EBITDA ratio and significant growth in net profit, which could support its long-term valuation despite the recent price drop.
Broader market context indicates that while Ovobel Foods has outperformed the benchmark Sensex significantly over various periods, including a 52.70% return over the past year compared to the Sensex's 9.81%, its recent performance has been less favorable. The decline in investor participation, with a notable drop in delivery volume, suggests a decrease in market interest, which may be contributing to the stock's current downward movement. Overall, while the company has strong fundamentals and a history of positive results, the recent price action reflects short-term volatility and market sentiment rather than a fundamental deterioration in its business prospects.