Why is Yogi Ltd falling/rising?

As of 28-Jul, Yogi Ltd's stock price is currently at 189.00, reflecting a decrease of 4.0, or 2.07%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.52% during this period. Additionally, the stock's performance today has underperformed its sector by 0.7%. In terms of returns, Yogi Ltd has shown a remarkable year-to-date increase of 261.86% and a one-year return of 307.33%, significantly outperforming the broader market, which has seen negative returns. Positive factors contributing to the stock's resilience include strong quarterly results, with the highest recorded PBDIT, PBT, and PAT, alongside rising promoter confidence as they have increased their stake in the company by 2.09%.
Broader Market Context: In the short term, Yogi Ltd's performance has been less favorable compared to the benchmark, with a one-week return of -2.78% against the Sensex's decline of -1.59%. Despite this recent downturn, the stock has outperformed the market over longer periods, indicating a strong overall performance relative to the benchmark. The broader market has faced challenges, with the BSE500 generating negative returns of -2.52% over the last year, while Yogi Ltd has thrived, showcasing its potential despite current price fluctuations.