Why is Jubilant Food falling/rising?

As of 05-Sep, Jubilant Foodworks Ltd is experiencing a slight increase in its stock price, currently at 656.30, reflecting a change of 1.3 or 0.2% upward. The stock has shown positive momentum, gaining 3.51% over the last two days and outperforming its sector by 0.42% today. Additionally, the stock's performance over the past week has been strong, with a return of 4.82%, while it has also outperformed the benchmark Sensex, which only increased by 1.13% during the same period. The company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 20.26%, and recent positive financial results have contributed to investor confidence, as evidenced by a significant rise in delivery volume.
Broader market context indicates that while Jubilant Foodworks has shown short-term strength, its year-to-date performance remains negative at -8.47%, contrasting with the Sensex's positive return of 3.29%. Despite this, the stock has outperformed the benchmark over the past year, generating a return of 1.75% compared to the Sensex's decline of -1.81%. The stock is currently trading at a discount relative to its peers, which may attract investors looking for value, although its profits have seen a decline of -3.7% over the past year. Overall, the combination of recent positive performance, strong sales growth, and favorable valuation metrics appears to be driving the stock's upward movement in the short term.