Why is Zenith Exports falling/rising?

As of 03-Sep, Zenith Exports Ltd is experiencing a significant rise in its stock price, currently at Rs 335.15, reflecting an increase of Rs 30.45 or 9.99%. The stock has shown remarkable performance, gaining 36.99% over the past week and 49.15% over the last month, while also outperforming its sector by 9.09% today. It is currently trading close to its 52-week high, just 3.89% away from Rs 348.2. The stock has been on a consecutive gaining streak for the last five days, supported by a notable increase in investor participation, with delivery volume rising by 185.19% compared to the five-day average. Additionally, Zenith Exports is trading above all its key moving averages, indicating strong upward momentum.
In the broader market context, while the Sensex has shown a slight decline of 0.27% over the past week, Zenith Exports has significantly outperformed this benchmark, highlighting its strong relative strength. The stock's year-to-date return of 20.02% also contrasts with the Sensex's modest gain of 3.11%, further emphasizing its robust performance. Overall, the combination of strong recent returns, increased trading volume, and positive technical indicators contributes to the upward movement of Zenith Exports Ltd's stock price.