Why is Patanjali Foods falling/rising?

As of 18-Sep, Patanjali Foods Ltd is currently priced at 606.30, reflecting an increase of 4.7, or 0.78%. The stock has shown a positive trend, outperforming its sector by 0.39% today and has been on a consecutive gain for the last four days, accumulating a total return of 2.26% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. The company also demonstrates a solid financial position with a low Debt to EBITDA ratio of 0.96 times, which supports its ability to service debt. Furthermore, the company has experienced healthy long-term growth, with net sales increasing at an annual rate of 22.41% and operating profit growing at 23.56%.
In the broader market context, Patanjali Foods' short-term performance over the past week shows a return of +1.19%, which is slightly below the benchmark Sensex's return of +1.80%. However, the stock has performed better over the past month with a return of +3.37% compared to the Sensex's +2.14%. The rising investor participation, evidenced by a 46.08% increase in delivery volume, suggests growing interest in the stock, contributing to its upward price movement. Overall, while the stock is rising, it is important to note that it has not outperformed the benchmark in the very short term, but its strong fundamentals and recent performance indicate positive investor sentiment.