Why is Citizen Infoline falling/rising?

As of 03-Sep, Citizen Infoline Ltd's stock price is rising, currently at 162.30, reflecting an increase of 3.15 (1.98%). The stock has reached a new 52-week and all-time high today, outperforming its sector by 2.53%. It has shown remarkable performance over the last 21 days, gaining 50.35% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there is a notable decline in investor participation, with delivery volume falling by 88.98% against the 5-day average. Despite these positive movements, the company faces challenges such as weak long-term fundamental strength, indicated by an average return on equity of only 0.04% and a negative EBITDA, which raises concerns about its long-term growth potential.
In the broader market context, Citizen Infoline's short-term return of +10.33% over the past week significantly contrasts with the Sensex, which has decreased by 0.27%. This strong performance relative to the benchmark highlights the stock's resilience and appeal among investors, despite the overall market conditions. While the stock has generated impressive returns over the past year, outperforming the BSE500 consistently, the company's ability to service its debt and its weak operating profit growth remain critical factors that could impact its future performance.