Why is Citizen Infoline falling/rising?

As of 26-Jun, Citizen Infoline Ltd's stock price is rising, currently at Rs. 64.94, reflecting an increase of 1.27 (1.99%). The stock has recently hit a new 52-week and all-time high, and it has outperformed its sector by 2.05%. Over the last 21 days, the stock has gained 51.23%, and its performance over various periods shows significant returns, including a 184.08% increase year-to-date and a 480.34% increase over the past three years. However, despite these impressive short-term gains, the company faces challenges such as operating losses and weak long-term fundamental strength, with a negative EBITDA and a poor EBIT to Interest ratio, which could impact investor sentiment.
In the broader market context, Citizen Infoline's short-term return of 10.37% over the past week significantly outpaces the Sensex's return of 2.94% during the same period. This strong performance relative to the benchmark indicates robust investor interest, despite the company's underlying financial difficulties. The stock's liquidity remains adequate for trading, but a notable decline in delivery volume suggests a potential decrease in investor participation, which could pose risks moving forward. Overall, while the stock is currently rising, the mixed signals from its financial health warrant caution among investors.