Why is Cian Healthcare falling/rising?

As of 16-Oct, Cian Healthcare Ltd's stock price is rising, currently at Rs. 5.87, reflecting an increase of Rs. 0.11 or 1.91%. The stock has reached a new 52-week high today and has been on a consecutive gain streak for the last eight days, accumulating a total return of 16.47% during this period. Additionally, the stock has significantly outperformed its sector by 1.66%. Over the past week, Cian Healthcare has shown a remarkable return of 9.93%, and over the past month, it has surged by 43.17%. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 4.41% compared to the five-day average.
In the broader market context, Cian Healthcare's performance has been notably strong compared to the Sensex, which has only increased by 1.58% over the past week. This indicates that while the overall market is experiencing modest gains, Cian Healthcare is outperforming significantly. Year-to-date, the stock has risen by 51.68%, contrasting sharply with the Sensex's 6.82% increase. Despite the positive price movements, the falling investor participation could be a concern for future liquidity and stability in price gains.