Why is Zinka Logistics falling/rising?

As of 04-Aug, Zinka Logistics Solutions Ltd is experiencing a price increase, currently at Rs 473.60, reflecting a rise of Rs 26.45 or 5.92%. The stock has shown a positive trend today, outperforming its sector by 4.88% and reversing a two-day decline. It opened with a gain of 5.11% and reached an intraday high of Rs 474, indicating strong buying interest. Over the past week, the stock has gained 1.41%, while it has significantly outperformed the benchmark Sensex over the past month with a return of 9.46% compared to the Sensex's decline of 2.89%. The company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 42.40% and operating profit rising by 131.04%. Additionally, high institutional holdings at 34.01% suggest confidence from knowledgeable investors, as their stake has increased by 12.15% over the previous quarter.
In the broader market context, Zinka Logistics' short-term performance has been notably stronger than the Sensex, which has only seen a slight increase of 0.16% over the past week. This divergence highlights the stock's relative strength amidst a generally subdued market environment. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 28.87% against the five-day average, which could indicate a potential concern for future liquidity. Despite this, the stock's ability to maintain a position above its moving averages and the positive results declared in recent quarters contribute to its upward momentum.