Why is Sapphire Foods falling/rising?

As of 15-Jul, Sapphire Foods India Ltd is experiencing a price increase, currently at 332.70, reflecting a change of 2.65 or 0.8% upwards. The stock has gained after three consecutive days of decline, indicating a potential trend reversal. Despite this recent uptick, the stock has shown a negative return of 0.92% over the past week, while it has performed positively with a 3.58% increase over the past month. The stock is trading at a discount compared to its peers' average historical valuations, which may attract investors. However, it is important to note that the stock's profits have fallen by 34.6% over the past year, despite a 6.54% return, which raises concerns about its long-term growth potential.
In the broader market context, the Sensex has declined by 1.36% over the past week, indicating that Sapphire Foods' short-term performance is relatively better than the benchmark. However, the stock's year-to-date performance is still negative at -0.69%, contrasting with the Sensex's positive return of 5.67%. The stock's liquidity remains adequate, but there has been a significant drop in investor participation, with delivery volume falling by 75.83% against the five-day average. High institutional holdings at 68.92% suggest that more informed investors are backing the stock, but the overall weak long-term fundamentals, including a low Return on Capital Employed (ROCE) and poor debt servicing ability, may continue to weigh on investor sentiment.