Why is Jubilant Agri falling/rising?

As of 24-Jun, Jubilant Agri & Consumer Products Ltd is experiencing a price increase, currently at 1,705.05, reflecting a rise of 67.35 or 4.11%. The stock has been gaining momentum, having outperformed its sector by 3.67% today and achieving a consecutive gain over the last three days, with an impressive total return of 8.72% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The rising investor participation is also notable, with a delivery volume increase of 9.15% against the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Jubilant Agri's short-term performance of +2.76% over the past week significantly outpaces the Sensex, which has only risen by +0.58% in the same timeframe. This indicates that the stock is not only performing well on its own but is also gaining traction relative to the overall market. The positive sentiment surrounding the stock, driven by its recent gains and strong trading metrics, contributes to its rising price, while specific negative factors were not available to assess any potential headwinds.