Why is Omega Ag Seeds falling/rising?

As of 08-Jul, Omega Ag Seeds (Punjab) Ltd is experiencing a price increase, currently trading at 13.45, which reflects a rise of 0.64 or 5.0%. The stock has shown strong performance recently, with a consecutive gain over the last two days, resulting in a total increase of 13.89%. Additionally, it has outperformed its sector by 5.69% today. Over the past week, the stock has risen by 13.41%, and for the month, it has increased by 38.80%. Despite these positive movements, there are concerns regarding falling investor participation, as the delivery volume has decreased significantly by 70.96% compared to the five-day average. Furthermore, while the company reported positive quarterly results, including the highest PBDIT and PAT figures, it is also noted that the stock is trading at a risky valuation due to negative EBITDA and stagnant profits over the past year.
In the broader market context, Omega Ag Seeds has significantly outperformed the benchmark Sensex, which has only increased by 0.02% over the past week and by 1.85% over the past month. The stock's year-to-date return of 43.70% also stands in stark contrast to the Sensex's 7.13% increase. This strong performance relative to the benchmark indicates that investor sentiment towards Omega Ag Seeds remains positive, despite the risks associated with its financial performance. The combination of recent gains, positive quarterly results, and a substantial outperformance against the benchmark suggests that the stock's rising price is driven by investor optimism, even as caution is warranted due to underlying financial risks.