Why is James Warren Tea falling/rising?

As of 24-Jul, James Warren Tea Ltd. is experiencing a price increase, currently at Rs 368.00, reflecting a rise of 4.05 (1.11%). The stock has shown strong performance recently, gaining 11.92% over the past week and outperforming its sector by 0.45%. It has been on a consecutive gain streak for the last five days, with an intraday high of Rs 378.4. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the company has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 59.72% and a return on equity (ROE) of 35.6, contributing to its attractive valuation.
In the broader market context, James Warren Tea's short-term performance significantly outpaces the benchmark, as the Sensex has only seen a slight decline of 0.09% over the past week. The stock has also outperformed the BSE500 over various time frames, including the last three years and one year, where it generated a return of 64.29%. This strong performance is supported by rising investor participation, with delivery volume increasing by 68.88% against the 5-day average, and a low debt-to-equity ratio, which enhances investor confidence. Overall, the combination of robust financial metrics and positive market sentiment has contributed to the stock's rising price.