Why is InfoBeans Tech. falling/rising?

As of 23-Jul, InfoBeans Technologies Ltd is experiencing a significant rise in its stock price, currently at Rs 540.90, reflecting an increase of Rs 90.15 or 20.0%. The stock has reached a new 52-week high today and has been on a positive trajectory, gaining 47.81% over the last seven days. It opened with a substantial gap up of 16.45% and has consistently outperformed its sector by 19.55%. The company has shown robust financial performance, with positive results for the last six consecutive quarters, including record net sales and operating profit margins, which contribute to investor confidence and the stock's upward movement.
In the broader market context, InfoBeans Technologies has outperformed the benchmark Sensex significantly, with a 1-week return of 38.80% compared to the Sensex's mere 0.11%. Over the past month, the stock has increased by 44.39%, while the Sensex has only risen by 1.01%. This strong performance relative to the market, combined with rising investor participation and a low debt-to-equity ratio, suggests that the stock is gaining traction among investors, further driving its price upward.