Why is SKM Egg Prod. falling/rising?

As of 24-Jul, SKM Egg Products Export (India) Ltd is experiencing a price increase, currently at 297.50, reflecting a rise of 5.8 or 1.99%. The stock has shown strong performance recently, having outperformed its sector by 3.33% today and achieving consecutive gains over the last two days with a total return of 4.02%. In terms of longer-term performance, the stock has increased by 19.00% over the past month and has generated a return of 9.78% over the last year, significantly outperforming the Sensex, which has only risen by 0.16% in the same period. Positive factors contributing to this rise include a strong ability to service debt, indicated by a low Debt to EBITDA ratio of 0.98 times, and healthy long-term growth with an annual operating profit growth rate of 54.57%. Additionally, rising promoter confidence, as evidenced by a 0.85% increase in their stake, suggests optimism about the company's future.
In the broader market context, while the stock has shown a decline of 0.50% over the past week, it has significantly outperformed the Sensex, which has only decreased by 0.09% in the same timeframe. The stock's liquidity is also favorable, with a delivery volume increase of 258.26% compared to the 5-day average, indicating rising investor participation. Despite some negative factors, such as a decline in operating profit and negative results over the last six quarters, the overall market-beating performance in both the short and long term, along with attractive valuations compared to peers, supports the stock's upward movement.