Why is Zinka Logistics falling/rising?

As of 30-Jul, Zinka Logistics Solutions Ltd is currently priced at 465.35, reflecting a slight increase of 0.05 (0.01%). The stock has shown strong performance in the short term, with a 4.48% increase over the past week and a 6.99% increase over the past month, significantly outperforming the Sensex, which has declined by 1.50% and 2.54% respectively in the same periods. Today's trading activity indicates that Zinka Logistics is performing well, trading above all key moving averages and experiencing a notable rise in delivery volume, which increased by 74.38% compared to the 5-day average. The company has also demonstrated robust financial health, with impressive growth in net sales and operating profit, alongside a significant increase in institutional holdings.
In the broader market context, while Zinka Logistics has outperformed the benchmark in the short term, it has underperformed year-to-date with a decline of 3.36%, while the Sensex has gained 4.28%. This contrast highlights the stock's volatility and potential for recovery, especially given the positive financial results and strong institutional support. The high institutional ownership suggests confidence in the company's fundamentals, which could further bolster its stock price in the future.