Why is Westlife Food falling/rising?

As of 01-Jul, Westlife Foodworld Ltd is experiencing a price increase, currently at Rs 770.00, reflecting a rise of Rs 28.1 or 3.79%. The stock has outperformed its sector today by 3.93%, reaching an intraday high of Rs 772.8, which is a 4.16% increase. In the past week, the stock has gained 4.68%, and over the past month, it has risen by 14.77%. However, it is important to note that despite these short-term gains, the stock has generated a negative return of -6.77% over the past year, with profits declining significantly by -82.5%. The stock is currently trading at a discount compared to its peers, but it has shown weak long-term fundamental strength, with a high Debt to EBITDA ratio and a declining trend in profitability.
In the broader market context, Westlife Foodworld Ltd's recent performance contrasts with the Sensex, which has increased by 2.00% over the past week and 2.76% over the past month. While the stock has shown positive short-term momentum, its long-term performance remains concerning, as indicated by its negative returns over the past year and underperformance relative to the BSE500 index in recent periods. The high institutional holdings at 35.19% suggest that more sophisticated investors are monitoring the stock closely, which may contribute to its recent price movement despite the underlying challenges reflected in its financial metrics.