Why is Sarveshwar Foods falling/rising?

As of 08-Jul, Sarveshwar Foods Ltd is experiencing a price increase, currently at 8.87, reflecting a change of 0.29 or 3.38% upward. The stock has shown strong performance recently, gaining 24.4% over the last eight days and outperforming its sector by 3.71% today. Additionally, it has outperformed the benchmark Sensex significantly over the past week with a return of +20.84% compared to the Sensex's +0.02%. The company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 28.39% and operating profit rising by 54.13%. The positive results declared over the last seven consecutive quarters, including a net profit growth of 87.85%, have contributed to the stock's upward momentum.
In the broader market context, while Sarveshwar Foods has shown impressive short-term returns, its year-to-date performance remains slightly negative at -0.11%, contrasting with the Sensex's positive return of +7.13%. Despite this, the stock's recent gains indicate a strong recovery trend, supported by rising investor participation and liquidity. The stock is trading above all key moving averages, which further reinforces its bullish outlook. The fair valuation indicated by a PEG ratio of 0.5 and a low debt-equity ratio of 1.00 times suggests that the stock is trading at a discount compared to its peers, which may attract more investors looking for growth opportunities.