Why is Sapphire Foods falling/rising?

As of 16-Jul, Sapphire Foods India Ltd is currently priced at 334.00, reflecting an increase of 1.3 (0.39%). The stock has shown a positive trend recently, gaining 1.2% over the last two days and outperforming its sector by 1.84%. However, it has experienced a decline of 1.29% over the past week, while it has increased by 4.98% in the last month. Despite a year-on-year return of 7.81%, the company's profits have fallen by 34.6%, which raises concerns about its long-term growth potential. The stock is trading at a discount compared to its peers, and high institutional holdings at 68.92% suggest confidence among more knowledgeable investors, although the weak long-term fundamentals and high debt-equity ratio may be limiting factors.
In the broader market context, the Sensex has declined by 1.08% over the past week, indicating that the stock's short-term performance is slightly worse than the benchmark. While Sapphire Foods has outperformed the benchmark in the last month, the year-to-date performance shows a decline of 0.30% compared to the Sensex's increase of 5.75%. This suggests that while the stock has had some recent positive movements, it is still facing challenges in the context of broader market trends and its own financial health.