Why is Zuari Industries falling/rising?

As of 25-Sep, Zuari Industries Ltd is experiencing a significant rise in its stock price, currently at Rs. 399.30, reflecting an increase of Rs. 23.25 or 6.18%. The stock has recently hit a new 52-week high of Rs. 416 and has shown strong performance, gaining 39.25% over the last three days. It has outperformed its sector by 8.31% today and opened with a gap up of 5.52%. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Notably, investor participation has surged, with delivery volume increasing by 741.55% compared to the 5-day average, suggesting heightened interest and confidence in the stock.
In the broader market context, Zuari Industries has significantly outperformed the benchmark Sensex, which has declined by 2.23% over the past week while Zuari Industries has surged by 36.93%. Over the past month, the stock has risen by 19.21%, contrasting with the Sensex's slight decline of 0.58%. This strong performance relative to the benchmark indicates robust investor sentiment towards Zuari Industries amidst a generally weak market environment. The liquidity of the stock also supports its trading activity, as it remains liquid enough for trades of Rs. 1.4 crore based on the 5-day average traded value.