Why is Jubilant Agri falling/rising?

As of 17-Oct, Jubilant Agri & Consumer Products Ltd is experiencing a price increase, currently at Rs 2,374.90, which reflects a rise of 71.9 points or 3.12%. The stock has shown a positive trend, gaining for the last three days and achieving a total return of 9.02% during this period. Additionally, it outperformed its sector by 1.95% today. The stock's performance over the past week is slightly positive at +1.63%, although it has declined by 9.08% over the past month. The stock is currently trading above its 5-day, 100-day, and 200-day moving averages, indicating a relatively strong short-term performance, despite being below its 20-day and 50-day moving averages. There has also been a notable increase in investor participation, with delivery volume rising by 7.26% compared to the 5-day average.
In the broader market context, the stock's recent performance has been slightly lagging compared to the benchmark Sensex, which has risen by 1.76% over the past week. However, the stock's short-term gains suggest a recovery phase, as it has outperformed the sector today. The overall market sentiment appears to be favorable, contributing to the stock's upward movement despite its recent monthly decline. The liquidity of the stock remains adequate for trading, further supporting its price stability and potential for continued growth.