Why is Zaggle Prepaid falling/rising?

As of 14-Nov, Zaggle Prepaid Ocean Services Ltd is experiencing a price increase, currently at Rs 392.15, reflecting a rise of Rs 7.25 or 1.88%. The stock has shown strong performance today, outperforming its sector by 2.65% and reaching an intraday high of Rs 394.95. Over the past week, the stock has gained 7.78%, while its one-month return stands at 13.75%. Additionally, the company has demonstrated robust financial health, with net sales growing at an annual rate of 53.96% and operating profit increasing at 72.02%. The company has reported positive results for the last eight consecutive quarters, which has likely contributed to the recent upward movement in its stock price.
In the broader market context, Zaggle Prepaid's short-term performance significantly outpaces the Sensex, which has only increased by 1.62% over the past week. This indicates that investor sentiment towards Zaggle is particularly strong compared to the overall market. The stock's liquidity is also favorable, with a delivery volume increase of 8.44% against the five-day average, suggesting rising investor participation. Despite a year-to-date decline of 24.49%, the recent positive financial results and consistent growth may be shifting investor confidence, leading to the current rise in stock price.