Why is Prataap Snacks falling/rising?

As of 19-Aug, Prataap Snacks Ltd is currently priced at 923.35, reflecting an increase of 8.35 or 0.91%. The stock has shown a trend reversal, gaining after two consecutive days of decline. It reached an intraday high of Rs 934.95, which is a 2.18% increase. In terms of performance, the stock has outperformed the Sensex over the past week with a return of +2.82% compared to the benchmark's +1.76%. However, over the longer term, the stock has faced challenges, with a significant decline of -13.35% over the past month and a year-to-date drop of -19.10%. The company has a low debt-to-equity ratio of 0.07, but it has reported negative results for the last five consecutive quarters, with operating profits falling dramatically. This poor long-term growth, coupled with a decrease in institutional investor participation, adds to the stock's risk profile.
Broader Market Context: In the short term, Prataap Snacks has outperformed the Sensex, which may indicate some positive sentiment among retail investors despite the company's ongoing financial struggles. The stock's recent rise in price could be attributed to increased investor participation, as evidenced by a significant rise in delivery volume. However, the broader market context remains challenging, as the stock has underperformed over the longer term compared to the benchmark, with a notable decline in profits and negative operating results. This combination of short-term gains against a backdrop of long-term difficulties suggests that while there may be some immediate positive movement, the overall outlook for Prataap Snacks remains cautious.