Why is Pro CLB falling/rising?

As of 24-Jul, Pro CLB Global Ltd is experiencing a price increase, with its current price at 45.09, reflecting a change of 0.88 or 1.99% upward. The stock has shown strong performance recently, gaining 48.86% over the last 21 days and outperforming its sector by 2.73% today. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 141.13% compared to the 5-day average. The stock has demonstrated impressive returns over various periods, including a 51.82% increase over the past month and a remarkable 376.14% increase over the past year.
In the broader market context, while Pro CLB has outperformed the Sensex in the short term, with a 10.35% increase over the past week compared to a slight decline of 0.09% for the benchmark, it has underperformed year-to-date with a decline of 12.00% against the Sensex's gain of 5.18%. This indicates that while the stock is currently on an upward trajectory, it has faced challenges earlier in the year. The absence of any negative factors in the provided data suggests that the current positive momentum is likely driven by strong investor interest and favorable trading conditions.