Why is Westlife Food falling/rising?

As of 01-Sep, Westlife Foodworld Ltd is experiencing a price increase, currently at 748.00, reflecting a rise of 32.0 points or 4.47%. The stock has outperformed its sector today by 2.86%, reaching an intraday high of Rs 750, which is a 4.75% increase. In the past week, the stock has shown a positive return of 5.52%, while over the past month, it has risen by 3.80%. However, despite this recent uptick, the stock has faced challenges, including a significant decline in profits over the past year and a high Debt to EBITDA ratio of 6.43 times, indicating low ability to service debt. Additionally, the company has reported negative results for the last seven consecutive quarters, which may weigh on investor sentiment despite healthy long-term growth in operating profit.
In the broader market context, while Westlife Foodworld has shown a positive short-term performance, the benchmark Sensex has declined by 1.56% over the past week. This contrast highlights the stock's relative strength in a generally weak market environment. However, the stock's year-to-date performance remains negative at -5.68%, compared to the Sensex's positive return of 2.85%. The high institutional holdings at 35.28% suggest that knowledgeable investors are backing the stock, but the overall negative sentiment from declining profits and high debt levels could temper enthusiasm moving forward.