Why is City Pulse Multi falling/rising?

As of 30-Jun, City Pulse Multiventures Ltd is experiencing a significant rise in its stock price, currently at Rs 1,694.45, which reflects an increase of Rs 275.15 or 19.39%. The stock has reached a new 52-week and all-time high of Rs 1,703.15 today, outperforming its sector by 19.03%. It has shown a remarkable performance over the last nine days, gaining 28.37%, and has consistently outperformed the BSE 500 with a staggering 944.67% return over the past year. Positive financial results, including a higher profit after tax and record earnings before interest, taxes, depreciation, and amortization, have contributed to this upward momentum, alongside a significant increase in investor participation and trading volume.
In the broader market context, City Pulse Multiventures Ltd has outperformed the Sensex, which has only increased by 2.09% over the past week, while the stock itself has surged by 22.19%. This stark contrast highlights the stock's strong performance relative to the benchmark. The company's consistent returns over the past three years further bolster investor confidence, as it has outperformed the benchmark in each of the last three annual periods. Overall, the combination of strong financial results, rising investor interest, and significant price gains has driven the stock's recent upward trajectory.