Why is Choice Intl. falling/rising?

As of 17-Jul, Choice International Ltd's stock price is currently at 754.10, reflecting an increase of 6.1 (0.82%). The stock has recently hit a new 52-week and all-time high of Rs.762, indicating strong upward momentum. Over the past three days, the stock has gained 9.26%, outperforming its sector by 1.15%. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bullish trend. Furthermore, there has been a significant increase in investor participation, with delivery volume rising by 266.08% compared to the 5-day average. The company has demonstrated strong long-term fundamental strength, with a compound annual growth rate (CAGR) of 51.93% in operating profits and a healthy growth rate in net sales.
In the broader market context, Choice International Ltd has outperformed the Sensex significantly over various time frames, including a 7.46% gain over the past week while the Sensex declined by 1.12%. Year-to-date, the stock has risen by 35.33% compared to the Sensex's 5.27%. This strong performance is further supported by increasing participation from institutional investors, who have raised their stake in the company, indicating confidence in its fundamentals. The consistent returns over the past three years, including a remarkable 95.87% return in the last year, highlight the stock's resilience and attractiveness to investors, contributing to its rising price.