Why is Coffee Day Enter falling/rising?

As of 13-Aug, Coffee Day Enterprises Ltd is experiencing a price increase, currently at Rs 38.06, which reflects a rise of 2.3 or 6.43%. The stock has shown strong performance today, outperforming its sector by 6.57% and reaching an intraday high of Rs 38.6, marking a 7.94% increase. Over the past week, the stock has gained 10.38%, while its year-to-date return stands at an impressive 67.59%. However, there has been a notable decline in investor participation, with delivery volume dropping by 25.89% against the 5-day average, which may indicate a potential concern for future trading activity.
In the broader market context, Coffee Day Enterprises Ltd's recent performance contrasts sharply with the Sensex, which has remained nearly flat at -0.01% over the past week. This divergence highlights the stock's strong momentum relative to the benchmark. Despite the positive short-term returns, the stock's performance over a longer period, such as the 3-year return of -24.26%, suggests that it has faced challenges in the past compared to the Sensex's 35.45% gain. Overall, while the stock is currently rising, the mixed signals from trading volume and historical performance warrant a cautious outlook.