Why is City Pulse Multi falling/rising?

As of 24-Jul, City Pulse Multiventures Ltd is experiencing a slight increase in its stock price, currently at Rs 2,201.00, reflecting a change of 2.0 (0.09%) upward. The stock has shown strong performance recently, with a 1.14% gain over the last two days and a notable 58.66% increase over the past month. It is currently trading close to its 52-week high, just 3.13% away from Rs 2,270. Additionally, the company has demonstrated impressive long-term returns, with a staggering 582.59% increase over the past year and consistent outperformance against the BSE500 in the last three annual periods. Positive financial results, including a higher PAT and PBDIT, further support the stock's upward movement.
In the broader market context, City Pulse Multiventures Ltd's recent performance contrasts with the Sensex, which has seen a slight decline of 0.09% over the past week. While the stock has outperformed its sector by 4.15% today, the film production, distribution, and entertainment sector overall has fallen by 2.54%. Despite a decrease in investor participation, as indicated by a 29.41% drop in delivery volume compared to the five-day average, the stock remains liquid enough for trading. This combination of strong individual performance and relative sector weakness highlights the stock's resilience in a challenging market environment.