Why is Citizen Infoline falling/rising?

As of 30-Jul, Citizen Infoline Ltd's stock price is rising, currently at 103.79, reflecting an increase of 2.03 (1.99%). The stock has recently reached a new 52-week and all-time high, and it has been on a consecutive gain streak for the last 21 days, accumulating a remarkable 51.39% return during this period. Additionally, the stock has outperformed the sector by 1.88% today. Over the past week, it has shown a significant return of 10.38%, and over the last month, it has surged by 53.65%. Despite these positive movements, there are concerns regarding the company's long-term fundamental strength, as indicated by a low average Return on Equity (ROE) of 0.04% and a negative EBITDA, which suggests potential risks associated with its valuation.
In the broader market context, while Citizen Infoline has demonstrated exceptional performance compared to the Sensex, which has declined by 1.50% over the past week, the stock's impressive returns highlight its strong market position. The company has outperformed the BSE500 over various time frames, including a 173.13% return in the last year. However, the falling investor participation, with a significant drop in delivery volume, raises questions about the sustainability of this upward trend. Overall, while the stock is currently rising due to strong short-term performance and positive recent results, the underlying weaknesses in its financial fundamentals may pose risks for future growth.