Why is InfoBeans Tech. falling/rising?

As of 18-Jul, InfoBeans Technologies Ltd is experiencing a significant rise in its stock price, currently at 425.50, reflecting an increase of 30.5 or 7.72%. The stock has outperformed its sector by 7.82% today and has been on a consecutive gain streak for the last four days, accumulating a total return of 16.27% during this period. It opened with a notable gain of 6.33% and reached an intraday high of Rs 434.7, indicating strong investor interest. The company has shown positive financial performance, with a 20.71% growth in PAT over the last six months and record high net sales and PBDIT for the latest quarter. Despite a negative return of -4.54% over the past year, the stock's profits have increased significantly, contributing to its attractive valuation and a low debt-to-equity ratio, which supports its recent upward movement.
In the broader market context, InfoBeans Technologies has outperformed the Sensex in the short term, with a 1-week return of +15.00% compared to the benchmark's -0.90%. However, the stock has consistently underperformed against the benchmark over the last three years, raising concerns among domestic mutual funds, which hold no stake in the company. This lack of investment from mutual funds may indicate apprehension regarding the stock's long-term growth potential, despite its recent positive performance. The company's operating profit growth rate of 16.94% over the last five years also suggests challenges in sustaining long-term momentum, which could impact investor sentiment moving forward.