Why is Citizen Infoline falling/rising?

As of 26-Aug, Citizen Infoline Ltd's stock price is rising, currently at 147.10, reflecting an increase of 2.85 or 1.98%. 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 50.38% return over this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Despite these positive indicators, there are concerns regarding falling investor participation, as delivery volume has decreased significantly. The company has shown consistent returns over the past three years, outperforming the BSE500, but it also faces challenges with weak long-term fundamental strength, including a low return on equity and negative EBITDA.
In the broader market context, Citizen Infoline's short-term performance has significantly outpaced the benchmark, with a 10.31% return over the past week compared to a decline of 1.05% in the Sensex. This stark contrast highlights the stock's strong relative performance amidst a generally weak market. While the stock has delivered impressive returns year-to-date and over the past year, the overall market has only seen modest gains. The combination of strong short-term performance, consistent historical returns, and recent positive financial results has contributed to the stock's upward movement, despite underlying concerns about its long-term growth potential and financial stability.