Why is Citizen Infoline falling/rising?

As of 11-Sep, Citizen Infoline Ltd's stock price is rising, currently at Rs. 182.60, reflecting an increase of Rs. 3.55 or 1.98%. The stock has been on a positive trajectory, gaining for the last 21 days and achieving a remarkable 51.1% return over this period. It has also reached a new 52-week and all-time high today. Despite a significant drop in delivery volume, which fell by 89.81% against the 5-day average, the stock is trading above all key moving averages, indicating strong short-term momentum. Positive financial results, including a higher profit after tax and consistent returns over the last three years, have contributed to this upward movement, although concerns about weak long-term fundamentals and a negative EBITDA remain.
In the broader market context, Citizen Infoline's short-term performance has significantly outpaced the benchmark, with a 10.33% return over the past week compared to the Sensex's 1.03%. This stark contrast highlights the stock's strong momentum relative to the market. While the stock has shown impressive returns year-to-date at 698.78%, the overall market has only grown by 4.36% in the same timeframe. Despite these positive indicators, the stock's long-term growth potential is questioned due to its low return on equity and poor ability to service debt, which could pose risks for future performance.