Why is Tasty Bite Eat. falling/rising?

As of 12-Sep, Tasty Bite Eatables Ltd is currently priced at 9,373.40, reflecting an increase of 24.4 (0.26%). The stock has shown a trend reversal, gaining after four consecutive days of decline. Despite this uptick, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has outperformed its sector by 1.15% today, and there has been a notable increase in investor participation, with delivery volume rising by 196.04% against the 5-day average. However, the stock has underperformed significantly over the past year, with a return of -29.00% compared to the Sensex's -1.28%. While the company has reported positive results in the last three quarters, including a 32.62% growth in net sales, concerns about long-term growth persist, as evidenced by a modest annual growth rate of 8.71% in net sales over the last five years.
In the broader market context, Tasty Bite's short-term performance contrasts sharply with the benchmark, as it has declined by 2.36% over the past week while the Sensex has gained 1.48%. This underperformance is indicative of broader investor sentiment, particularly given that domestic mutual funds hold no stake in the company, suggesting a lack of confidence in its valuation or business prospects. Despite the company's fair valuation and improved profitability metrics, the overall market perception remains cautious due to its historical underperformance and the low growth rates in recent years.