Why is Sampre Nutrition falling/rising?

As of 24-Oct, Sampre Nutritions Ltd is experiencing a price increase, with its current price at Rs. 166.00, reflecting a rise of 3.25 or 2.0%. The stock has reached a new 52-week high today and has been on a positive trajectory, gaining for the last 21 days with a total return of 51.09% during this period. Additionally, it has outperformed its sector by 3.32%. The stock is trading above its moving averages across various time frames, indicating strong momentum. However, there has been a notable decline in investor participation, with delivery volume falling by 37.72% compared to the 5-day average, which could suggest a potential concern regarding sustained interest.
In the broader market context, Sampre Nutritions Ltd has significantly outperformed the Sensex over various periods, including a remarkable 48.13% increase over the past month compared to the benchmark's 3.05%. Year-to-date, the stock has surged by 160.60%, while the Sensex has only risen by 7.77%. This stark contrast highlights the stock's strong performance relative to the market. Despite the recent drop in delivery volume, the overall positive returns and consistent gains suggest that investor sentiment remains bullish, contributing to the stock's upward movement.