Why is Covance Softsol falling/rising?

As of 02-Jul, Covance Softsol Ltd's stock price is rising, currently at Rs. 18.22, reflecting an increase of 0.35 (1.96%). The stock has reached a new 52-week and all-time high today and has been on a consecutive gain streak for the last 21 days, resulting in a remarkable 50.58% return during this period. Additionally, the stock has outperformed its sector by 1.87%. Despite a significant drop in delivery volume by 61.24% against the 5-day average, the company maintains a low debt-to-equity ratio and has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 66.30% and operating profit soaring by 1081.00%. The stock's attractive valuation is further supported by a return on equity (ROE) of 13.3 and a price-to-book value of 0.3.
In the broader market context, Covance Softsol's short-term performance has significantly outpaced the benchmark, with a 10.29% increase over the past week compared to the Sensex's 0.79% rise. Over the last month, the stock has surged by 53.50%, while the Sensex has only gained 2.50%. This strong performance indicates that investor sentiment is favorable towards Covance Softsol, despite the noted decline in investor participation. The stock's ability to consistently outperform the benchmark suggests a robust demand for its shares, driven by positive company fundamentals and market conditions.