Why is Tasty Bite Eat. falling/rising?

As of 15-Sep, Tasty Bite Eatables Ltd is currently priced at 9,418.80, reflecting an increase of 45.4, or 0.48%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 0.75%. However, it is trading below its moving averages across various time frames, indicating a potential weakness in momentum. Despite a recent outperformance against its sector by 0.47%, the stock has underperformed significantly over the longer term, with a one-year return of -28.91%. The company has reported positive results over the last three quarters, with net sales growing by 31.23% and a low debt-equity ratio of 0.23, suggesting a solid financial position. However, the long-term growth rates for net sales and operating profit are relatively low at 8.71% and 9.75%, respectively, which may contribute to investor caution.
In the broader market context, Tasty Bite's short-term performance contrasts with the Sensex, which has increased by 1.24% over the past week. This underperformance is indicative of the stock's struggles in the longer term, where it has lagged behind the benchmark indices over various periods, including a three-year return of -22.44% compared to the Sensex's 36.46%. The lack of investment from domestic mutual funds, holding 0% of the company, may reflect a lack of confidence in the stock's valuation or business prospects. Overall, while recent gains may suggest some positive sentiment, the stock's long-term challenges and relative underperformance against the market continue to weigh on its appeal.