Why is CLIO Infotech falling/rising?

As of 08-Aug, CLIO Infotech Ltd's stock price is currently at 7.69, reflecting an increase of 0.36, or 4.91%. The stock has shown strong performance recently, gaining 24.43% over the past week and 37.32% over the past month, significantly outperforming the Sensex, which has declined by 0.92% and 4.60% in the same periods, respectively. The stock has been on a consecutive gain streak for the last five days, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 68.39% against the 5-day average, indicating heightened interest and liquidity in the stock.
In the broader market context, while the Sensex has shown a modest gain of 2.20% year-to-date, CLIO Infotech's year-to-date return of 7.25% suggests that it is performing better than the overall market. The stock's impressive long-term performance, with a staggering 580.53% increase over the past five years compared to the Sensex's 109.93%, further underscores its strong position. However, there are no specific positive or negative factors listed that could provide additional context for the stock's recent movements. Overall, the combination of strong short-term returns and increased investor engagement appears to be driving the stock's upward trajectory.