Why is Covance Softsol falling/rising?

As of 11-Jun, Covance Softsol Ltd's stock price is currently at Rs. 13.60, reflecting an increase of Rs. 0.26 or 1.95%. The stock has been on a positive trajectory, gaining for the last 13 consecutive days and achieving a remarkable 28.67% return during this period. Additionally, it has outperformed its sector by 0.93% today and reached a new 52-week and all-time high. The stock's performance over the past week shows a significant increase of 10.21%, while the one-month return stands at an impressive 47.19%. The company benefits from a low debt-to-equity ratio and strong growth metrics, with net sales increasing at an annual rate of 66.30% and operating profit soaring by 1081.00%. However, it is important to note that the stock's delivery volume has seen a substantial decline of 93.42% against the five-day average, indicating a potential concern regarding investor participation.
In the broader market context, Covance Softsol's recent performance has significantly outpaced the benchmark Sensex, which has only increased by 1.87% over the past week and 3.85% over the past month. This stark contrast highlights the stock's strong momentum relative to the overall market. While the stock has generated a return of 0.00% over the past year, its profits have surged by 870%, suggesting that the market may be reacting positively to the company's underlying financial health despite flat results reported in March 2025. Overall, the combination of strong short-term performance, attractive valuation metrics, and healthy growth prospects contributes to the stock's rising price.