Why is City Pulse Multi falling/rising?

As of 11-Aug, City Pulse Multiventures Ltd is experiencing a price increase, currently at 2,500.00, with a change of 3.4 (0.14%) upward. The stock has shown strong performance, gaining 8.65% over the past week and 13.79% over the last month, significantly outperforming the Sensex, which has declined by 0.51% and 2.30%, respectively. The stock is also close to its 52-week high, just 1.2% away from Rs 2,530, and has been on a consecutive gain streak for the last three days, accumulating a total return of 8.36% during this period. Furthermore, City Pulse Multiventures is trading above its moving averages across various timeframes, indicating a strong upward trend. Positive financial results, including a higher PAT and PBDIT, along with consistent returns over the past three years, have contributed to the stock's favorable movement.
In the broader market context, City Pulse Multiventures Ltd's recent performance stands in stark contrast to the benchmark, as it has significantly outperformed the Sensex, which has shown negative returns in the same periods. The stock's ability to generate substantial returns, such as 345.04% over the past year and 6675.07% over the last three years, highlights its resilience and attractiveness to investors. Additionally, rising investor participation, evidenced by a 72.13% increase in delivery volume, suggests growing confidence in the stock, further supporting its upward trajectory amidst a generally challenging market environment.