Why is Parag Milk Foods falling/rising?

As of 26-Aug, Parag Milk Foods Ltd is currently priced at 227.70, reflecting a decrease of 2.8 points or 1.21%. The stock has been underperforming, having lost 7.27% over the last four days, and it is currently trading below its 5-day, 20-day, and 50-day moving averages, although it remains above the 100-day and 200-day averages. The stock's recent performance has been negatively impacted by a significant drop in delivery volume, which fell by 68.5% compared to the 5-day average. Despite a year-on-year return of 16.77% and a profit increase of 23.4%, the company faces challenges with weak long-term fundamentals, including a high Debt to EBITDA ratio and slow sales growth.
In the broader market context, Parag Milk Foods has underperformed the Sensex, which declined by 1.05% over the past week, while the stock itself fell by 0.96%. Although institutional investors have increased their stake, indicating some confidence in the company's fundamentals, the overall market sentiment appears cautious due to the company's long-term growth concerns and recent flat results. The stock's performance over the last year has been strong relative to the benchmark, but the recent trends suggest a struggle to maintain momentum in the short term.