Why is Omega Ag Seeds falling/rising?

As of 07-Jul, Omega Ag Seeds (Punjab) Ltd is experiencing a price increase, currently at Rs 12.81, reflecting a rise of 1.0 or 8.47%. Today's price summary indicates that the stock has outperformed its sector by 8.02% and has shown a trend reversal after two consecutive days of decline. It opened with a significant gain of 5.33% and reached an intraday high of Rs 12.81. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 48.31% compared to the 5-day average. However, it is important to note that the stock is considered risky due to negative EBITDA and a lack of profit growth over the past year, which may temper some investor enthusiasm.
In the broader market context, Omega Ag Seeds has significantly outperformed the benchmark Sensex over various periods, with a 1-week return of +13.36% compared to the Sensex's -0.20%, and a 1-month return of +32.20% against the Sensex's +1.53%. Year-to-date, the stock has returned +36.86%, while the Sensex has only returned +6.79%. This strong performance relative to the benchmark suggests that investor sentiment is currently favorable towards Omega Ag Seeds, despite the underlying risks associated with its financial performance.