Why is IZMO falling/rising?

As of 28-Aug, IZMO Ltd's stock price is currently at Rs 698.20, reflecting a decrease of -1.05 or -0.15%. The stock has recently experienced a trend reversal after four consecutive days of gains, opening today with a loss of -2.18%. Despite this decline, the stock reached a new 52-week and all-time high of Rs 738.2 earlier in the day, indicating significant volatility with an intraday high of Rs 738.2 and a low of Rs 650. Over the past week, IZMO has shown impressive returns of +43.07%, and over the past month, it has surged by +81.28%. The stock is also trading above its moving averages across multiple time frames, suggesting a generally positive trend, although today's performance indicates a pullback.
Broader Market Context: In comparison to the benchmark Sensex, which has declined by -2.34% over the past week, IZMO's strong performance highlights its resilience and investor interest. The stock's year-to-date return of +25.97% also outpaces the Sensex's modest gain of +2.48%. Furthermore, rising investor participation is evident, with a notable increase in delivery volume, which has risen by 65.75% against the five-day average. This suggests that while the stock is currently experiencing a minor setback, the overall market sentiment remains positive, particularly in the context of its recent performance relative to the broader market.