Why is Citizen Infoline falling/rising?

As of 23-Jul, Citizen Infoline Ltd's stock price is rising, currently at Rs 94.03, reflecting an increase of 1.84 (2.0%). The stock has reached a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last 21 days, yielding a remarkable 50.62% return during this period. In the past week, the stock has outperformed the benchmark Sensex, with a return of +10.38% compared to the Sensex's +0.11%. Despite the positive price movement, the stock faces challenges, such as operating losses and weak long-term fundamental strength, which could impact investor sentiment.
Broader market context indicates that while Citizen Infoline has significantly outperformed the Sensex over various time frames, including a year-to-date return of +311.33% versus the Sensex's +5.87%, there are underlying risks. The company's weak ability to service its debt and negative EBITDA raise concerns about its long-term viability. Additionally, a notable decline in delivery volume suggests a decrease in investor participation, which could affect future price stability. Overall, while the stock is currently rising, its long-term outlook remains uncertain due to fundamental weaknesses.