Why is Vertoz falling/rising?

As of 22-Jul, Vertoz Ltd is experiencing a positive price movement, with its current price at 99.88, reflecting an increase of 2.09 or 2.14%. The stock has shown strong performance today, outperforming its sector by 1.83%. It is 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 rise in investor participation, with delivery volume increasing by 111.94% compared to the 5-day average. Over the past week, the stock has surged by 27.84%, and it has delivered remarkable returns of 948.06% over the past month, showcasing its robust growth trajectory. The company's financial health is underscored by a low debt-to-equity ratio and consistent positive results over the last 11 quarters, with net sales growing at an annual rate of 44.76%.
In the broader market context, while the Sensex has seen a slight decline of 0.54% over the past week, Vertoz's impressive short-term return highlights its strong performance relative to the benchmark. The stock has consistently outperformed the BSE500 over the last three years, generating returns of 188.25% in the past year alone. This consistent outperformance, coupled with healthy financial metrics such as a high debtors turnover ratio and significant growth in profit before tax, reinforces investor confidence and contributes to the stock's upward movement.