Why is CLIO Infotech falling/rising?

As of 17-Jul, CLIO Infotech Ltd is experiencing a price increase, currently at 7.44, which reflects a rise of 0.35 or 4.94%. The stock has shown strong performance, gaining 33.33% over the last six days and outperforming its sector by 5.27% today. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The delivery volume has also increased significantly, with a rise of 68.96% compared to the 5-day average, suggesting heightened investor interest and participation. There are no specific positive or negative factors available to further explain the stock's recent movement.
In the broader market context, CLIO Infotech's short-term performance has been notably strong, with a 27.18% increase over the past week, while the benchmark Sensex has declined by 1.12% during the same period. Over the last month, the stock has risen by 32.86%, significantly outperforming the Sensex, which has only increased by 0.83%. This contrast highlights the stock's robust performance relative to the broader market, contributing to its rising price.