Why is Citizen Infoline falling/rising?

As of 05-Aug, Citizen Infoline Ltd's stock price is currently at Rs. 112.30, reflecting an increase of Rs. 2.2 or 2.0%. The stock has reached a new 52-week and all-time high today, demonstrating strong performance with a 21-day consecutive gain that has resulted in a remarkable 51.37% return during this period. Additionally, the stock has outperformed its sector by 2.4%. It is trading above all key moving averages, indicating a strong upward trend. However, there has been a significant drop in investor participation, with delivery volume falling by 93% compared to the 5-day average, which may raise concerns about sustainability in the stock's upward movement.
In the broader market context, Citizen Infoline's short-term performance has been notably strong, with a 10.36% increase over the past week, while the benchmark Sensex has declined by 0.77%. Over the past month, the stock has surged by 54.39%, contrasting sharply with the Sensex's drop of 3.26%. This significant outperformance highlights the stock's strength relative to the broader market, suggesting that investor sentiment remains positive despite the decline in delivery volume.