Why is Sarveshwar Foods falling/rising?

As of 11-Jul, Sarveshwar Foods Ltd is experiencing a price increase, currently at 8.63, reflecting a change of 0.22 or 2.62% upward. The stock has shown a positive trend today, outperforming its sector by 1.41% and reversing a two-day decline. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. Despite this, there has been a notable decline in investor participation, with delivery volume dropping by 69.99% compared to the 5-day average. Over the past week, the stock has gained 6.54%, while it has outperformed the benchmark Sensex, which has decreased by 1.12%.
In the broader market context, Sarveshwar Foods' recent performance contrasts sharply with the benchmark, as it has shown significant short-term gains while the Sensex has declined. The company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 28.39% and a remarkable net profit growth of 87.85%. The positive results over the last seven consecutive quarters and a low debt-equity ratio further support the stock's valuation, making it attractive compared to its peers. Despite a year-to-date decline of 2.82% against the Sensex's gain of 5.58%, the stock's underlying fundamentals suggest a potential for recovery, contributing to its current upward price movement.