Why is Zuari Agro Chem. falling/rising?

As of 07-Aug, Zuari Agro Chemicals Ltd is experiencing a price increase, currently at Rs. 368.20, reflecting a rise of Rs. 5.4 or 1.49%. The stock has recently hit a new 52-week high of Rs. 373.3 and has shown strong performance, gaining 20.23% over the last four days. Additionally, it has outperformed its sector by 3.75%. The stock's returns over various periods are impressive, with a 78.82% increase over the past month and a 79.04% increase over the past year, significantly outperforming the Sensex, which has seen a decline of 3.38% and an increase of only 1.45% respectively. However, there has been a notable decrease in investor participation, with delivery volume dropping by 50.98% against the 5-day average.
Broader Market Context: In the short term, Zuari Agro Chemicals Ltd has outperformed the benchmark Sensex, which has declined by 0.69% over the past week while the stock itself has risen by 8.85%. This indicates a strong relative performance in a challenging market environment, particularly as the fertilizers sector has also faced a decline of 2.27%. The stock's liquidity remains adequate for trading, and it is currently trading above all key moving averages, suggesting a positive technical outlook despite the recent drop in delivery volumes. Overall, the stock's upward momentum appears to be driven by strong performance metrics and market positioning, even as broader market conditions present some challenges.