Why is Euro India Fresh falling/rising?

As of 30-Jun, Euro India Fresh Foods Ltd is experiencing a significant rise in its stock price, currently at 258.61, reflecting an increase of 41.92 or 19.35%. The stock has recently hit a new 52-week and all-time high of Rs.260.02, indicating strong upward momentum. It has outperformed its sector by 19.3% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has shown impressive returns over various periods, including a 28.02% increase year-to-date and an 82.53% rise over the past year. Additionally, the company has reported outstanding operating profit growth of 121.65% and positive results for the last two consecutive quarters, contributing to investor confidence.
In the broader market context, Euro India Fresh Foods Ltd has significantly outperformed the Sensex, which has only increased by 2.18% over the past week and 7.92% year-to-date. The stock's strong performance is further supported by rising investor participation, with a delivery volume increase of 8.61% against the 5-day average. This liquidity, combined with the company's high return on capital employed and favorable debtor turnover ratio, underscores its robust financial health and market position, reinforcing the stock's upward trajectory.