Why is Cartrade Tech falling/rising?

As of 24-Sep, Cartrade Tech Ltd's stock price is currently at Rs 2,490.30, reflecting an increase of Rs 84.15, or 3.5%. The stock has been performing well, having outperformed its sector by 4.16% today and achieving a consecutive gain over the last two days with a total return of 4.33%. Additionally, the stock has shown strong performance over various time frames, with a year-to-date increase of 67.64% and a remarkable 154.11% rise over the past year. The company has consistently reported positive results for the last 13 quarters, with significant growth in net sales and profit after tax, alongside a low debt-to-equity ratio and high institutional holdings, which contribute to investor confidence and support the stock's upward movement.
In the broader market context, Cartrade Tech's short-term performance stands in stark contrast to the Sensex, which has declined by 1.18% over the past week. This divergence highlights the stock's resilience and strength compared to the overall market. While the stock's liquidity remains adequate for trading, there has been a notable decrease in delivery volume, which may indicate a potential concern for future trading activity. Nonetheless, the company's strong fundamentals and consistent growth trajectory position it favorably against market trends, reinforcing its upward price movement.