Why is Spice LoungeFood falling/rising?

As of 03-Sep, Spice LoungeFood Works Ltd is experiencing a price increase, with its current price at Rs. 50.94, reflecting a rise of 2.19 (4.49%). The stock has reached a new 52-week high today and has been on a positive trajectory, gaining 39.91% over the last seven days. Additionally, it has outperformed its sector by 3.65% today. The stock has shown remarkable returns, with a year-to-date increase of 459.78% and a staggering 1038.07% over the past year, indicating strong performance relative to the broader market. Positive financial results reported in June, including the highest quarterly PBDIT, PBT, and PAT, have contributed to this upward movement.
Broader Market Context: In contrast to the stock's impressive short-term performance, the benchmark Sensex has seen a slight decline of 0.27% over the past week and a marginal decrease of 0.04% over the past month. This indicates that Spice LoungeFood is significantly outperforming the broader market, which is reflected in its substantial gains over various time frames compared to the Sensex's performance. The rising investor participation, evidenced by a 62.41% increase in delivery volume, further supports the stock's upward momentum, suggesting strong market confidence in the company's future prospects.