Why is Colab Platforms falling/rising?

As of 15-Sep, Colab Platforms Ltd's stock is rising, with a current price of Rs. 100.70, reflecting an increase of Rs. 1.97 or 2.0%. The stock has reached a new 52-week high today and has been on a positive trajectory, gaining for the last 21 consecutive days, resulting in a remarkable 51.36% increase during this period. Additionally, the stock has outperformed its sector by 1.53% today and is trading above all key moving averages. The company's recent financial performance has been strong, with a net profit growth of 26.32% and positive results for the last three consecutive quarters, contributing to the stock's upward momentum.
In the broader market context, Colab Platforms has significantly outperformed the Sensex, with a 10.38% increase over the past week compared to the benchmark's 1.24%. Over the last month, the stock has surged by 48.39%, while the Sensex has only risen by 1.47%. The stock's year-to-date return stands at an impressive 538.96%, far exceeding the Sensex's 4.67%. This strong performance underscores the stock's resilience and attractiveness to investors, further supported by rising investor participation and liquidity, which have bolstered its recent gains.