Why is Sarveshwar Foods falling/rising?

As of 09-Jul, Sarveshwar Foods Ltd's stock price is currently at 8.45, reflecting a decrease of 0.42, or 4.74%. The stock has recently experienced a trend reversal, falling after eight consecutive days of gains. Despite this decline, it is noteworthy that Sarveshwar Foods is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has shown strong performance over the past week and month, with returns of 12.22% and 14.04%, respectively, although it has underperformed its sector today by 5.5%. Positive factors contributing to the stock's resilience include healthy long-term growth metrics, such as a 28.39% annual growth rate in net sales and a significant 87.85% increase in net profit, alongside a favorable debt-equity ratio and attractive valuation compared to peers.
In the broader market context, while Sarveshwar Foods has shown positive short-term returns, it has underperformed the Sensex, which has only increased by 0.15% over the past week. The company's year-to-date performance is down by 4.84%, contrasting with the Sensex's gain of 6.91%. This divergence suggests that while the company has strong fundamentals, the market sentiment may be affecting its stock price negatively in the short term. The recent increase in investor participation, indicated by a 60.63% rise in delivery volume, may provide some support, but the overall market conditions and recent price movements indicate a cautious outlook for the stock.