Why is Colab Platforms falling/rising?

As of 07-Nov, Colab Platforms Ltd is experiencing a rise in its stock price, currently at 204.60, reflecting an increase of 4.0 or 1.99%. The stock has hit a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last 21 days, resulting in a substantial return of 51.11% over this period. Additionally, the stock 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 21.85% against the 5-day average, which may suggest a potential concern for future trading activity.
Broader Market Context: In the context of the broader market, Colab Platforms has significantly outperformed the Sensex, which has seen a decline of 0.86% over the past week while Colab has gained 8.20%. This stark contrast highlights the stock's strong performance relative to the benchmark. Furthermore, the stock's year-to-date return of 1198.22% and one-year return of 2478.45% further emphasize its exceptional growth compared to the Sensex's modest 6.50% increase during the same timeframe.