Why is Westlife Food falling/rising?

As of 23-Jun, Westlife Foodworld Ltd's stock price is currently at Rs 732.25, reflecting an increase of Rs 30.25 or 4.31%. The stock has shown positive momentum, gaining 5.72% over the last two days and outperforming its sector by 3.78% today. It reached an intraday high of Rs 735, indicating strong trading activity. Despite a year-to-date decline of 7.67% and a one-year return of -10.69%, the stock has performed well in the short term, with a 4.40% increase over the past week and a 7.37% rise over the past month. The stock is trading at a discount compared to its peers, which may attract investor interest, although it has faced significant profit declines of 82.5% over the past year.
In the broader market context, Westlife Foodworld Ltd's recent performance contrasts with the Sensex, which has only increased by 0.12% over the past week and 0.22% over the past month. This suggests that the stock's short-term gains are notable against a relatively stagnant benchmark. However, the company faces challenges, including a high debt-to-EBITDA ratio and a declining return on capital employed, which may hinder long-term growth prospects. The high institutional ownership at 35.19% indicates that knowledgeable investors are closely monitoring the stock, but the company's negative results over the last six quarters raise concerns about its fundamental strength.