Why is Jubilant Agri falling/rising?

As of 04-Aug, Jubilant Agri & Consumer Products Ltd is experiencing a price increase, currently at 2,173.25, reflecting a rise of 50.25 or 2.37%. The stock has shown a positive performance today, outperforming its sector by the same percentage increase. After two consecutive days of decline, the stock has gained momentum, reaching an intraday high of Rs 2,391, which is a significant increase of 12.62%. Despite this upward movement, there has been a notable decline in investor participation, with delivery volume falling by 39.22% compared to the 5-day average. The stock has also exhibited high volatility today, with an intraday volatility of 6.35%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, the stock has outperformed the benchmark Sensex over the past week, with a return of 2.95% compared to the Sensex's modest gain of 0.16%. Over the past month, Jubilant Agri has significantly outperformed the benchmark, achieving a return of 24.96% while the Sensex has declined by 2.89%. This strong performance relative to the benchmark indicates that the stock is gaining traction in a challenging market environment, contributing to its recent price rise.