Why is Ovobel Foods falling/rising?

As of 17-Nov, Ovobel Foods Ltd is experiencing a significant rise in its stock price, currently at 194.60, reflecting an increase of 19.65 or 11.23%. The stock has been on an upward trend, gaining for the last seven days and achieving a remarkable 22.89% return during this period. It has also reached a new 52-week high of Rs. 197.95 today, outperforming its sector by 10.9%. The stock's performance over various time frames shows impressive returns, with a year-to-date increase of 85.25% and a five-year growth of 319.85%. However, there is a noted decline in investor participation, as the delivery volume has decreased by 23.39% compared to the five-day average, which may indicate some caution among investors.
Broader Market Context: In comparison to the benchmark Sensex, which has only increased by 1.69% over the past week, Ovobel Foods' return of 14.54% significantly outperforms the market. This strong performance highlights the stock's resilience and appeal in the current market environment. The overall positive momentum in the stock, driven by its consistent gains and strong returns over various periods, contrasts with the broader market's more modest growth, suggesting that Ovobel Foods is attracting investor interest despite the recent drop in delivery volume.