Why is Jubilant Agri falling/rising?

As of 24-Sep, Jubilant Agri & Consumer Products Ltd's stock price is currently at Rs 2,473.00, reflecting an increase of Rs 42.35 or 1.74%. The stock has shown a trend reversal, gaining after three consecutive days of decline. Today, it outperformed its sector by 1.05% and reached an intraday high of Rs 2,479.9, which is a 2.03% increase. However, the stock's performance over the past week has been negative, with a decline of 5.33%, and it has also fallen by 13.01% over the past month. Notably, investor participation has decreased, with delivery volume dropping by 21.35% compared to the five-day average, indicating a potential concern regarding investor confidence.
Broader Market Context: In comparison to the benchmark Sensex, which has seen a slight decline of 1.18% over the past week, Jubilant Agri's recent performance indicates a relative strength today despite its longer-term struggles. While the stock has faced challenges in the past month and year, the current uptick may suggest a temporary recovery phase. The stock is trading above its 50-day, 100-day, and 200-day moving averages, although it remains below its 5-day and 20-day moving averages, which could reflect mixed sentiment among investors. Overall, while the stock is experiencing a rise today, its recent performance metrics indicate a need for cautious optimism.