Why is InfoBeans Tech. falling/rising?

As of 24-Jul, InfoBeans Technologies Ltd is experiencing a significant rise in its stock price, currently at Rs 594.95, reflecting an increase of Rs 54.05 or 9.99%. The stock has reached a new 52-week high today and has been on an upward trajectory for the last eight days, accumulating a remarkable 62.58% return during this period. Additionally, the stock has outperformed its sector by 11.5% today, and it opened with a gain of 5.57%. The company has demonstrated strong financial performance, with positive results for the last six consecutive quarters, including record net sales and operating profit margins, contributing to investor confidence and driving the stock's upward movement.
In the broader market context, InfoBeans Technologies has significantly outperformed the benchmark, with a one-week return of +50.62% compared to the Sensex's slight decline of -0.09%. Over the past year, the stock has generated a return of 35.22%, far exceeding the market's return of 2.54%. This strong performance, coupled with rising investor participation—evidenced by a substantial increase in delivery volume—indicates robust market interest and liquidity in the stock, further supporting its price rise.