Why is CIAN Agro falling/rising?

As of 01-Sep, CIAN Agro Industries & Infrastructure Ltd is experiencing a significant rise in its stock price, currently at Rs 773.35, reflecting an increase of 36.8 points or 5.0%. The stock has reached a new 52-week and all-time high today, having outperformed its sector by 0.99%. It has shown remarkable performance over the last 14 days, gaining 93.58% during this period. The company has reported very positive results, including a staggering 52110% growth in net profit and a 2823.87% increase in net sales, contributing to its strong upward momentum. Additionally, the stock is trading above all key moving averages and has a low debt-equity ratio of 0.66, indicating a solid financial position.
In the broader market context, CIAN Agro's short-term performance stands in stark contrast to the benchmark Sensex, which has declined by 1.56% over the past week. The stock has generated a return of 21.54% in the same timeframe, showcasing its ability to outperform the market significantly. This trend is further supported by rising investor participation, with delivery volume increasing by 198.27% against the five-day average, indicating strong demand. Overall, the company’s impressive financial results and market-beating performance have contributed to its rising stock price amidst a generally declining market environment.