Why is Zinka Logistics falling/rising?

As of 06-Aug, Zinka Logistics Solutions Ltd is experiencing a significant rise in its stock price, currently at Rs. 561.00, reflecting an increase of Rs. 76.55 or 15.8%. The stock has recently hit a new 52-week and all-time high of Rs. 570.95 today, demonstrating strong upward momentum. Over the past week, the stock has gained 20.55%, and in the last month, it has risen by 29.67%, significantly outperforming the Sensex, which has seen a decline of 1.15% and 3.46% over the same periods. Additionally, the stock has been on a consecutive gain streak for three days, accumulating a total return of 25.46%. The rising investor participation is evident, with delivery volume increasing by 415.34% compared to the 5-day average, indicating strong demand.
Broader Market Context: In contrast to Zinka Logistics' impressive performance, the logistics sector overall has declined by 2.57%. Despite this sector downturn, Zinka's stock has managed to outperform its peers, showcasing its resilience and attractiveness to investors. The stock's performance is also notable as it is trading above all key moving averages, suggesting a strong bullish trend. This positive momentum is further supported by the stock's liquidity, which is adequate for trading, allowing for significant investor engagement. Overall, Zinka Logistics' robust returns in the face of a challenging sector environment highlight its strong market position and investor confidence.