Why is Euro India Fresh falling/rising?

As of 02-Jul, Euro India Fresh Foods Ltd is experiencing a price increase, currently at Rs. 263.55, reflecting a rise of Rs. 15.3 or 6.16%. The stock has recently hit a new 52-week and all-time high of Rs. 292.05, indicating strong upward momentum. It has outperformed its sector by 5.88% today and is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has shown a remarkable return of 21.68%, significantly outpacing the Sensex, which only gained 0.83%. Additionally, the company has demonstrated impressive growth with a 121.65% increase in operating profit and has reported positive results for the last two consecutive quarters, contributing to its strong performance.
In the broader market context, while Euro India Fresh Foods Ltd has shown exceptional short-term returns, the Sensex has only increased by 0.83% in the same period. This stark contrast highlights the stock's robust performance relative to the market. The company has consistently outperformed the BSE500 over various time frames, including a 93.05% return over the past year and a 131.29% return over the last three years. However, it is worth noting that there has been a slight decline in investor participation, with delivery volume decreasing by 3.12% against the 5-day average. Despite this, the liquidity remains sufficient for trading, indicating a healthy trading environment for the stock.