Why is Colab Platforms falling/rising?

As of 12-Aug, Colab Platforms Ltd is experiencing a price increase, currently at 65.23, reflecting a rise of 1.27 or 1.99%. The stock has shown impressive performance, gaining 51.28% over the last 21 days and outperforming its sector by 2.9% today. Additionally, the stock has demonstrated significant returns over various periods, including a remarkable 787.48% increase over the past year, despite the broader market (BSE500) generating negative returns of -2.11%. Positive financial results, including a staggering 4,002.13% growth in net sales and a higher profit after tax, have likely contributed to the stock's upward momentum.
In the broader market context, while the Sensex has declined by 0.59% over the past week and 2.75% over the past month, Colab Platforms has outperformed with a 10.35% increase in the same week and a 54.28% increase over the month. This stark contrast highlights the stock's strong performance relative to the market. However, it is worth noting that there has been a decline in investor participation, with delivery volume decreasing by 11.65% against the 5-day average, which could indicate a potential concern for future trading activity. Overall, the stock's strong returns and positive financial indicators have driven its recent rise, despite some signs of reduced liquidity.