Why is Citizen Infoline falling/rising?

As of 21-Aug, Citizen Infoline Ltd's stock price is currently at Rs. 138.70, reflecting an increase of Rs. 2.7 or 1.99%. 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, resulting in a remarkable 50.45% return during this period. Additionally, the stock has significantly outperformed the sector by 1.86%. Over the past week, it has shown a return of 8.19%, and year-to-date, it has skyrocketed by 506.74%. However, there are concerns regarding falling investor participation, as the delivery volume has decreased by 76.28% compared to the 5-day average. While the company has shown consistent returns over the last three years, its long-term fundamental strength is weak, with an average return on equity of only 0.04% and a negative EBITDA, which raises concerns about its sustainability.
In the broader market context, Citizen Infoline's short-term performance has outpaced the benchmark Sensex, which has only increased by 1.74% over the past week. The stock's impressive gains, particularly its 53.45% rise over the past month compared to the Sensex's slight decline of 0.24%, indicate strong investor interest despite the underlying risks associated with its financial health. The company's ability to generate profits has not kept pace with its stock price appreciation, as evidenced by a modest 3% increase in profits over the past year, leading to a PEG ratio of 0.5. This disparity suggests that while the stock is currently rising, there are significant risks that could impact its future performance.