Why is City Pulse Multi falling/rising?

As of 04-Jul, City Pulse Multiventures Ltd is experiencing a significant rise in its stock price, currently at Rs. 2,075.00, reflecting an increase of Rs. 335.0 or 19.25%. The stock has reached a new 52-week and all-time high today, outperforming its sector by 17.33%. It has been on a consecutive gain streak for the last 13 days, accumulating a remarkable 57.2% return during this period. Over the past year, the stock has delivered an impressive 942.71% return, consistently outperforming the BSE500 index in each of the last three annual periods. Positive financial results, including a higher PAT of Rs. 1.08 Cr and the highest PBDIT and PBT figures in recent quarters, further bolster investor confidence in the stock's upward trajectory.
In the broader market context, while City Pulse Multiventures Ltd has shown a robust short-term return of 46.20% over the past week, the benchmark Sensex has declined by 0.74% during the same period. This stark contrast highlights the stock's strong performance relative to the market. However, there are signs of falling investor participation, with delivery volume decreasing by 43.27% against the 5-day average, which could indicate a potential concern for future momentum. Despite this, the stock remains liquid enough for trading, and its performance continues to reflect strong investor sentiment driven by consistent returns and positive financial indicators.