Why is Sarveshwar Foods falling/rising?

As of 04-Jul, Sarveshwar Foods Ltd's stock price is currently at 8.10, reflecting an increase of 0.06 or 0.75%. The stock has been on a positive trajectory, gaining for the last six consecutive days and achieving a total return of 13.6% during this period. Additionally, the stock has outperformed the benchmark in the short term, with a weekly return of +12.66% compared to the Sensex's -0.74%. Key financial indicators suggest a healthy long-term growth potential, with net sales and operating profit increasing significantly. However, there are concerns regarding the company's high Debt to EBITDA ratio of 6.14 times and a slight decrease in promoter confidence, as they have reduced their stake by 0.92% over the previous quarter.
In the broader market context, while Sarveshwar Foods has shown strong short-term performance, it has underperformed the market over the past year, with a return of -21.59% compared to the BSE500's 2.13%. Despite this, the stock's recent gains indicate a potential recovery, supported by rising investor participation and liquidity. The company's positive financial results over the last seven quarters and attractive valuation compared to peers may also contribute to renewed interest among investors, even as it navigates challenges related to debt servicing and promoter confidence.