Why is Yogi Ltd falling/rising?

As of 18-Jul, Yogi Ltd's stock price is rising, currently at Rs. 181.25, reflecting an increase of Rs. 16.7 or 10.15%. The stock has recently hit a new 52-week and all-time high today, demonstrating strong performance by outperforming its sector by 10.44%. After two consecutive days of decline, the stock has reversed its trend, opening with a gain of 2.37%. Over the past week, Yogi Ltd has shown a return of +11.20%, and its year-to-date performance is remarkable at +247.02%, significantly outperforming the Sensex, which has only increased by 4.63% during the same period. The stock is also trading above all key moving averages, indicating a strong bullish trend.
Broader Market Context: In the short term, Yogi Ltd's performance has been significantly better than the benchmark, with a 1-week return of +11.20% compared to the Sensex's -0.90%. This stark contrast highlights the stock's resilience and attractiveness to investors, especially given the rising investor participation, as evidenced by a 3.89% increase in delivery volume. The liquidity of the stock remains favorable, allowing for sufficient trading activity, which further supports its upward price movement. Overall, the combination of strong stock-specific factors and a favorable comparison to the broader market contributes to the rising price of Yogi Ltd.