Why is Colab Platforms falling/rising?

As of 15-Oct, Colab Platforms Ltd is experiencing a price increase, currently at 152.35, which reflects a rise of 2.95 or 1.97%. The stock has been on a positive trajectory, gaining for the last 21 consecutive days and achieving a remarkable 51.29% return over the past month. It has also reached a new 52-week high today. Additionally, Colab Platforms is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. However, there has been a decline in investor participation, with delivery volume falling by 18.33% compared to the 5-day average, which may suggest some caution among investors despite the stock's strong performance.
In the broader market context, Colab Platforms has significantly outperformed the benchmark Sensex, which has only increased by 1.02% over the past week, while Colab's stock has surged by 10.32% in the same period. This stark contrast highlights the stock's robust performance relative to the market. The finance/NBFC sector has also seen a gain of 2.16%, further supporting the positive sentiment around Colab Platforms. Overall, the combination of strong returns, a new high, and sector performance contributes to the stock's rising price, despite the noted decrease in delivery volume.