Why is Prataap Snacks falling/rising?

As of 31-Oct, Prataap Snacks Ltd is experiencing a price increase, currently at Rs 1,098.00, reflecting a rise of Rs 47.3 or 4.5%. The stock has shown strong performance today, outperforming its sector by 5.19%, and reached an intraday high of Rs 1,100. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a year-to-date decline of 3.80%, the stock has gained 5.76% over the past week and 7.13% over the past month. However, the company has faced significant challenges, including a poor long-term growth outlook with operating profits declining at an annual rate of -211.77% over the last five years and negative results for the last five consecutive quarters, which may weigh on investor sentiment.
In the broader market context, while Prataap Snacks has outperformed the Sensex by 6.08% over the past week, it has underperformed in the year-to-date comparison, where the Sensex has gained 7.42%. The stock's liquidity remains adequate, with a delivery volume increase of 59.39% against the 5-day average, indicating rising investor participation. However, the decrease in institutional investor stakes by 1.56% suggests a cautious outlook among more knowledgeable investors, which could impact the stock's future performance. Overall, while the stock is currently rising, the underlying financial challenges and declining institutional interest present a mixed picture for its long-term prospects.