Why is Sapphire Foods falling/rising?

As of 10-Jul, Sapphire Foods India Ltd is currently priced at 337.70, reflecting a decrease of 0.65 or 0.19%. The stock has experienced a trend reversal, falling after two consecutive days of gains. Despite this recent decline, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend in the short term. Over the past week, the stock has risen by 5.45%, while its one-month return stands at 5.70%. However, the stock's performance has been overshadowed by a significant drop in delivery volume, which fell by 77.2% compared to the 5-day average. Additionally, while the stock has generated an 8.84% return over the past year, its profits have decreased by 34.6%, raising concerns about its long-term growth potential.
In the broader market context, the Sensex has shown a slight decline of 0.06% over the past week, contrasting with Sapphire Foods' positive short-term performance. The stock's high institutional holdings at 68.92% suggest that knowledgeable investors are backing it, yet the company's weak long-term fundamentals, including a low average Return on Capital Employed (ROCE) of 6.38% and a high debt-equity ratio of 0.92, may be contributing to investor caution. The recent negative financial results, particularly a significant drop in profit before tax and profit after tax, further complicate the outlook for Sapphire Foods, indicating that while it may be trading at a discount compared to peers, the underlying financial health remains a concern.