Why is Hoac Foods falling/rising?

As of 08-Sep, Hoac Foods India Ltd is experiencing a price increase, currently at 237.90, reflecting a rise of 10.75 or 4.73%. The stock has shown strong performance today, outperforming its sector by 5.2%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The stock has also seen a significant increase in investor participation, with a delivery volume rise of 32.35% compared to the 5-day average. Over the past week, the stock has gained 16.05%, and year-to-date, it has surged by 61.02%, showcasing robust growth relative to the benchmark Sensex, which has only increased by 4.77% during the same period.
In the broader market context, Hoac Foods' impressive short-term performance stands in stark contrast to the Sensex, which has only risen by 0.60% over the past week. This indicates that investor interest in Hoac Foods is significantly stronger than the overall market trend. The stock's liquidity is also favorable, as it is liquid enough for trades of Rs 0.01 crore, further supporting its upward movement. Overall, the combination of strong returns, increased investor participation, and favorable trading conditions has contributed to the rising stock price of Hoac Foods India Ltd.