Why is CLIO Infotech falling/rising?

As of 07-Aug, CLIO Infotech Ltd is experiencing a price increase, with its current price at 7.33, reflecting a rise of 0.34 or 4.86%. The stock has shown strong performance recently, gaining 18.61% over the last four days and outperforming its sector by 4.64% 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 stock has also seen a significant increase in investor participation, with delivery volume rising by 122.52% compared to the 5-day average. The performance over various periods shows that the stock has increased by 12.77% over the past week and 27.48% over the past month, while it has outperformed the benchmark Sensex, which has declined by 0.69% and 3.38% respectively during the same periods.
In the broader market context, while CLIO Infotech has shown impressive short-term returns, the Sensex has been underperforming, which highlights the stock's relative strength in a challenging market environment. Year-to-date, CLIO Infotech has a modest gain of 2.23%, contrasting with the Sensex's 3.18% increase, but its longer-term performance over five years shows a remarkable rise of 548.67%, significantly outpacing the Sensex's 111.94% increase. This suggests that despite some fluctuations, CLIO Infotech has maintained a strong upward trajectory, driven by positive investor sentiment and robust trading activity.