Why is C.E. Info System falling/rising?

As of 13-Oct, C.E. Info Systems Ltd is experiencing a rise in its stock price, currently at 1,768.60, reflecting an increase of 65.4 points or 3.84%. The stock has shown strong performance today, outperforming its sector by 4.59% and achieving a consecutive gain over the last three days, with a total return of 5.18% during this period. It reached an intraday high of Rs 1885.7, marking a 10.72% increase. Additionally, the stock has outperformed the benchmark Sensex over the past week and month, with returns of +5.10% and +8.16%, respectively. Positive factors contributing to this rise include high management efficiency, a low debt-to-equity ratio, and strong financial results, such as a significant increase in operating cash flow and net sales.
In the broader market context, while C.E. Info Systems has shown impressive short-term returns, it has underperformed in the long term, with a -16.79% return over the past year compared to a +1.16% return for the Sensex. Despite this, the recent increase in institutional investor participation, which has risen by 4.08% in the last quarter, indicates growing confidence in the company's fundamentals. However, concerns remain regarding the stock's high valuation relative to its peers and its underperformance over longer periods, which could temper investor enthusiasm moving forward.