Why is CIAN Agro falling/rising?

As of 22-Sep, CIAN Agro Industries & Infrastructure Ltd is experiencing a price increase, currently at Rs 1,585.35, reflecting a rise of Rs 54.6 or 3.57%. The stock has recently hit a new 52-week and all-time high of Rs 1,607.25, and it has been on a consecutive gain streak for the last 21 days, accumulating a remarkable 174.69% return during this period. The company has reported very positive financial results, including a staggering 52,110% growth in net profit and the highest net sales of Rs 510.80 crore in the last quarter. Additionally, the stock is trading above its moving averages and has a favorable debt-equity ratio of 0.66, indicating strong financial health and attracting investor interest.
In the broader market context, CIAN Agro's short-term performance has significantly outpaced the benchmark, with a 25.88% return over the past week compared to a mere 0.46% for the Sensex. This trend of outperformance is consistent, as the stock has generated a 956.20% return over the past year, while the benchmark has declined by 2.82%. Despite a recent drop in delivery volume, which fell by 41.6% against the five-day average, the overall liquidity remains sufficient for trading. The stock's strong performance relative to both its sector and the broader market indicates robust investor confidence, further supporting its rising price trajectory.