Why is Westlife Food falling/rising?

As of 05-Sep, Westlife Foodworld Ltd's stock price is currently at 736.90, reflecting an increase of 2.3 (0.31%). The stock has been gaining for the last two days, with a total return of 0.6% during this period. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. Additionally, there has been a rise in investor participation, with delivery volume increasing by 1.66% compared to the 5-day average. Despite a year-to-date decline of 7.08% and a one-year return of -10.46%, the company has shown healthy long-term growth with an annual operating profit increase of 53.93%. However, the stock's profits have fallen significantly by 76.8% over the past year, which may temper investor enthusiasm.
In the broader market context, Westlife Foodworld Ltd has outperformed the Sensex in the short term, with a 1-week return of +2.92% compared to the benchmark's +1.13%. This indicates that the stock is gaining traction relative to the overall market. The high institutional holdings at 35.28% suggest that knowledgeable investors are backing the stock, which could provide additional stability. However, the stock is trading at a discount compared to its peers' average historical valuations, which may attract more investors looking for value. Overall, while the stock has faced challenges in the past year, its recent performance and positive indicators suggest a potential for recovery.