Why is Zuari Industries falling/rising?

As of 11-Nov, Zuari Industries Ltd is experiencing a significant rise in its stock price, currently at 344.65, reflecting an increase of 38.45 or 12.56%. Today's performance indicates a strong rebound, as the stock has gained after eight consecutive days of decline. It reached an intraday high of Rs 367.4, showcasing a notable volatility of 6.24%. Additionally, the stock has outperformed its sector by 12.08%, and the delivery volume has increased by 43.22% compared to the five-day average, indicating rising investor participation. The stock is also trading above its moving averages across various time frames, which suggests a positive trend.
In the broader market context, Zuari Industries has shown a one-week return of 6.98%, significantly outperforming the Sensex, which only gained 0.49% in the same period. While the stock's one-month performance is nearly flat at -0.01%, its year-to-date return of 7.70% surpasses the Sensex's 7.34%. Over the longer term, Zuari Industries has demonstrated impressive growth, with a three-year return of 131.39% compared to the Sensex's 35.73%, and a five-year return of 618.77% against 92.39% for the benchmark. This strong performance relative to the market may contribute to the stock's current upward movement.