Why is Yogi Ltd falling/rising?

As of 01-Aug, Yogi Ltd's stock price is currently at Rs 181.00, reflecting a decrease of Rs 2.15 or 1.17%. The stock has been on a downward trend, experiencing a consecutive fall for the last seven days, resulting in a total decline of 8.56% during this period. Despite this recent downturn, the stock has shown strong performance over the longer term, with a remarkable year-to-date return of 246.54% and a one-year return of 278.66%. Positive factors contributing to the stock's resilience include the highest quarterly profits reported in June, with significant increases in PBDIT, PBT, and PAT. Additionally, rising promoter confidence, as evidenced by a 2.09% increase in their stake, suggests a strong belief in the company's future prospects.
In the broader market context, Yogi Ltd's recent performance contrasts with the benchmark Sensex, which has seen a decline of 1.06% over the past week and a negative return of 1.55% over the past year. While the stock has outperformed the sector by 0.31% today, the overall market has generated negative returns of -4.13% in the last year, highlighting Yogi Ltd's ability to deliver substantial returns despite broader market challenges. However, the stock's recent struggles may be attributed to falling investor participation, with a notable decrease in delivery volume, indicating a potential shift in market sentiment.