Why is Sapphire Foods falling/rising?

As of 22-Jul, Sapphire Foods India Ltd is experiencing a rise in its stock price, currently at 338.70, reflecting an increase of 4.35 or 1.3%. The stock has shown a positive trend today, outperforming its sector by 2.83% and reversing a two-day decline. It is trading above its moving averages across various time frames, indicating a bullish sentiment. Over the past week, the stock has gained 1.80%, while it has increased by 3.53% over the past month, contrasting with the Sensex, which has seen a decline of 0.47% and 0.27% respectively. However, there is a notable decrease in investor participation, with delivery volume falling by 75.68% compared to the five-day average. Despite a strong institutional holding of 68.92%, the company's fundamentals show weaknesses, including a significant drop in profits over the past year and a high debt-equity ratio.
In the broader market context, Sapphire Foods' short-term performance has been favorable compared to the Sensex, which has declined in the same periods. The stock's year-to-date return of 1.10% is lower than the Sensex's 5.18%, but its one-year return of 10.11% surpasses the Sensex's 2.09%. While the stock is trading at a discount compared to its peers, the long-term outlook remains concerning due to weak growth in operating profit and a poor ability to service debt. These mixed signals suggest that while the stock is currently rising, there are underlying challenges that could impact its future performance.