Why is City Pulse Multi falling/rising?

As of 03-Jul, City Pulse Multiventures Ltd is experiencing a price increase, with the current price at Rs 1,740.00, reflecting a rise of Rs 19.75 or 1.15%. The stock has shown impressive performance, gaining 31.82% over the last 12 days and is currently trading close to its 52-week high, just 2.3% away from Rs 1,780. It has outperformed its sector by 3.13% today and is trading above all key moving averages. Additionally, the stock has delivered remarkable returns over various periods, including a staggering 792.31% over the past year. Positive financial results, including a higher PAT of Rs 1.08 Cr and consistent returns over the last three years, further bolster investor confidence in the stock.
In the broader market context, while City Pulse Multiventures Ltd has shown a significant short-term return of 25.13% over the past week, the benchmark Sensex has declined by 0.62% during the same period. This stark contrast highlights the stock's strong performance relative to the overall market. However, it is important to note that there has been a decrease in investor participation, with delivery volume falling by 58.75% against the five-day average, which could indicate a potential concern for future liquidity. Despite this, the stock's consistent outperformance against the BSE500 and positive financial indicators suggest a robust position in the market.