Why is Dodla Dairy falling/rising?

As of 07-Aug, Dodla Dairy Ltd's stock price is currently at 1,316.75, reflecting an increase of 11.0 points or 0.84%. The stock has shown a positive trend recently, gaining for the last five consecutive days and achieving a return of 3.56% over this period. Additionally, the stock has outperformed its sector by 0.85%. In terms of returns compared to benchmarks, Dodla Dairy has performed well over the past year with a 12.67% increase, while the Sensex has only risen by 1.45%. The stock is currently trading above its 5-day, 100-day, and 200-day moving averages, although it is below its 20-day and 50-day moving averages. There is also a notable increase in investor participation, with delivery volume rising by 124.2% against the 5-day average, indicating growing interest in the stock.
In the broader market context, Dodla Dairy's short-term performance of +3.56% over the past week stands in stark contrast to the Sensex, which has declined by 0.69% during the same period. This divergence suggests that the stock is gaining traction despite a generally unfavorable market environment. The liquidity of the stock is also favorable, as it is liquid enough for a trade size of Rs 0.14 crore, which may further support its price stability and growth. Overall, the combination of strong recent performance, increased investor interest, and favorable liquidity conditions contribute to the stock's upward movement.