Why is Sarveshwar Foods falling/rising?

As of 03-Jul, Sarveshwar Foods Ltd is experiencing a price increase, currently at 8.04, which reflects a rise of 0.51 or 6.77%. The stock has shown strong performance recently, gaining 12.76% over the past week and outperforming its sector by 6.55% today. It has been on a consecutive gain streak for the last five days, with a significant increase in delivery volume, which rose by 138.43% compared to the five-day average. Despite a year-to-date decline of 9.46% and a one-year drop of 18.29%, the company has reported robust growth in net sales and operating profit, alongside a notable increase in net profit of 87.85%. However, concerns about high debt levels and decreasing promoter confidence, as indicated by a 0.92% reduction in their stake, may temper investor enthusiasm.
In the broader market context, Sarveshwar Foods has outperformed the benchmark Sensex over the past week, which has seen a decline of 0.62%. While the stock has struggled over the past year, underperforming the market with a negative return of 18.29% compared to the Sensex's positive return of 4.07%, its recent positive financial results and attractive valuation relative to peers may be contributing to the current upward price movement. The stock's liquidity appears adequate for trading, which may also support its recent gains.