Why is Simran Farms falling/rising?

As of 04-Aug, Simran Farms Ltd is currently priced at 162.50, reflecting an increase of 0.4 (0.25%). Despite this slight uptick, the stock has been trading lower than its moving averages across various time frames, indicating a bearish trend. The stock has outperformed its sector today by 0.25%, but it has shown a decline of 4.41% over the past month and a year-to-date drop of 10.96%. While the stock has generated a return of 17.92% over the past year, its profits have surged by 551%, and it is trading at a discount compared to its peers. However, the company faces challenges, including operating losses and a high Debt to EBITDA ratio, which contribute to its weak long-term fundamental strength.
In the broader market context, the stock's short-term performance has been relatively strong compared to the benchmark, as it has outperformed the Sensex, which has only increased by 0.16% over the past week. However, the overall market has seen negative returns of -2.34% in the last year, while Simran Farms has managed to deliver positive returns. This contrast highlights the stock's ability to generate returns despite broader market challenges. Nevertheless, the falling investor participation, as indicated by a significant drop in delivery volume, suggests a lack of confidence among investors, which may hinder the stock's upward momentum moving forward.