Why is Jubilant Agri falling/rising?

As of 04-Jul, Jubilant Agri & Consumer Products Ltd is experiencing a price increase, with its current price at Rs 1,739.10, reflecting a rise of Rs 9.4 or 0.54%. The stock has been gaining for the last two days, with a total return of 1.7% during this period. It is also trading close to its 52-week high, just 3.6% away from Rs 1,801.75. Notably, the stock is performing well against its moving averages, trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 125.91% compared to the 5-day average.
In the broader market context, Jubilant Agri's short-term performance has outpaced the benchmark Sensex, which has seen a decline of 0.74% over the past week while Jubilant Agri has gained 2.87%. Over the past month, the stock has increased by 13.30%, contrasting with the Sensex's rise of 3.01%. This strong performance relative to the benchmark indicates positive investor sentiment towards Jubilant Agri, contributing to its rising stock price.