Why is Patanjali Foods falling/rising?

As of 15-Sep, Patanjali Foods Ltd is experiencing a price increase, currently priced at 599.95, reflecting a rise of 7.05 or 1.19%. The stock has shown positive performance today, outperforming its sector by 1.18%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The stock has also seen a significant increase in investor participation, with delivery volume rising by 71.97% against the 5-day average. Furthermore, the company demonstrates a strong ability to service debt with a low Debt to EBITDA ratio of 0.95 times, and it has reported healthy long-term growth, with net sales growing at an annual rate of 22.41% and operating profit at 34.88%.
In the broader market context, Patanjali Foods has shown a 1.05% increase over the past week, which is slightly below the Sensex's 1.24% gain during the same period. However, over the last month, the stock has outperformed the benchmark, with a return of 2.82% compared to the Sensex's 1.47%. Despite a decline of 2.28% over the past year, the stock's strong performance in the short term and positive financial indicators contribute to its rising price. Overall, the combination of solid fundamentals and favorable trading conditions supports the stock's upward movement.