Why is Jubilant Agri falling/rising?

As of 15-Jul, Jubilant Agri & Consumer Products Ltd is experiencing a price increase, currently at Rs 1,753.00, reflecting a rise of Rs 77.0 or 4.59%. The stock has shown a positive trend today, having gained after two consecutive days of decline, and opened with a gain of 2.63%. It is currently trading close to its 52-week high, just 2.78% away from Rs 1,801.75, and has outperformed its sector by 3.95%. Additionally, the stock is trading above all key moving averages, indicating strong momentum. Notably, there has been a significant increase in investor participation, with delivery volume rising by 98.03% compared to the five-day average, suggesting heightened interest in the stock.
In the broader market context, Jubilant Agri's short-term performance over the past week shows a gain of 1.98%, while the benchmark Sensex has declined by 1.36%, highlighting the stock's relative strength in a challenging market environment. Over the past month, the stock has maintained the same 1.98% increase, while the Sensex has risen by 1.79%. This indicates that Jubilant Agri is not only performing well on its own but is also gaining traction compared to the overall market trends. The absence of any negative factors in the provided data further supports the stock's upward movement.