Why is Jubilant Food falling/rising?

As of 04-Sep, Jubilant Foodworks Ltd is experiencing a price increase, currently at 655.00, reflecting a rise of 20.95 or 3.3%. Today's price summary indicates that the stock outperformed its sector by 2.91% and opened with a gain of 3.04%. It reached an intraday high of Rs 663.6, marking a 4.66% increase. However, despite this positive movement, the stock has shown a year-to-date decline of 8.65%, even as its net sales have grown at an annual rate of 20.26%. The company reported strong quarterly results, with a significant increase in PAT and net sales, contributing to a perception of healthy long-term growth. Nevertheless, the stock's performance is tempered by a decrease in profits over the past year and a decline in investor participation, as evidenced by a 28.18% drop in delivery volume against the 5-day average.
In the broader market context, Jubilant Foodworks has outperformed the Sensex in the short term, with a 1-week return of 3.06% compared to the benchmark's 0.80%. This indicates that the stock is gaining traction relative to the overall market, despite its longer-term underperformance, as seen in the year-to-date figures. The company's strong operational metrics and fair valuation compared to peers suggest potential for recovery, but the falling investor participation and liquidity concerns may pose challenges moving forward. Overall, while the stock is currently rising, its mixed performance metrics highlight the complexities of its market position.