Why is Jubilant Agri falling/rising?

As of 22-Jul, Jubilant Agri & Consumer Products Ltd is experiencing a price increase, currently at Rs 2,028.90, which reflects a rise of 5.5 points or 0.27%. The stock has shown strong performance recently, gaining 16.56% over the last four days and is currently trading close to its 52-week high, just 2.3% away from Rs 2,075.6. Additionally, it has outperformed its sector by 0.32% today. The stock is trading above all its moving averages, indicating a positive trend, and there has been a notable increase in investor participation, with delivery volume rising by 20.89% compared to the five-day average.
In the broader market context, Jubilant Agri's short-term return of +15.74% over the past week significantly outpaces the Sensex, which has declined by 0.47% during the same period. This strong performance suggests that the stock is gaining traction among investors despite a generally weak market backdrop. The positive momentum in the stock's price, coupled with rising investor interest and favorable trading conditions, indicates a robust outlook for Jubilant Agri amidst the current market dynamics.