Why is Flora Corporatio falling/rising?

As of 11-Aug, Flora Corporation Ltd's stock price is rising, currently at Rs. 12.97, reflecting an increase of Rs. 0.25 or 1.97%. The stock has reached a new 52-week high today and has been on an upward trend for the last eight days, accumulating a total return of 16.85% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. The company's financial performance has also been robust, with a record-high debtors turnover ratio and operating profit to net sales, contributing positively to investor sentiment. Furthermore, the stock has outperformed its sector by 1.69%, and there has been a notable increase in investor participation, with delivery volume rising by 20.16% compared to the 5-day average.
In the broader market context, while the Sensex has experienced a decline of 0.51% over the past week, Flora Corporation has shown a remarkable return of 10.20% in the same timeframe, highlighting its strong performance relative to the benchmark. Over the past month, the stock has surged by 52.59%, contrasting sharply with the Sensex's decline of 2.30%. This significant outperformance, coupled with the company's positive financial indicators and increasing liquidity, suggests that investor confidence in Flora Corporation is strong, driving the stock's price upward despite a generally negative market environment.