Why is CIAN Agro falling/rising?

As of 29-Aug, CIAN Agro Industries & Infrastructure Ltd is experiencing a price increase, currently at Rs. 736.55, reflecting a rise of 35.05 or 5.0%. The stock has hit a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last 13 days, accumulating a remarkable 84.37% return during this period. Additionally, the stock has significantly outperformed the sector by 1.07% today and is trading above all its moving averages, indicating strong momentum. The company has reported exceptional financial performance, including a staggering 52110% growth in net profit and positive results for the last four consecutive quarters, which has contributed to the stock's bullish trend.
In the broader market context, CIAN Agro's short-term performance is notably strong, with a 21.54% increase over the past week, while the benchmark Sensex has declined by 1.84% during the same period. This stark contrast highlights the stock's resilience and attractiveness to investors. Furthermore, despite a decrease in delivery volume, the stock remains liquid enough for trading, and its attractive valuation, indicated by a low debt-equity ratio and a favorable PEG ratio, suggests that it is trading at a discount compared to its peers. Overall, the combination of strong financial results and market-beating performance has positioned CIAN Agro favorably in the current market environment.