Why is 3C IT Solutions falling/rising?

As of 29-Aug, 3C IT Solutions & Telecoms (India) Ltd is experiencing a price increase, currently at Rs 24.62, reflecting a rise of 1.17 or 4.99%. The stock has shown a positive performance today, outperforming its sector by 5.67%. It opened with a gain of 4.99% and reached an intraday high of Rs 24.62, maintaining this price throughout the trading session. Over the past week, the stock has increased by 0.49%, while it has also shown a modest gain of 2.84% over the past month. However, it is important to note that the stock is down 10.47% year-to-date and has declined by 31.61% over the past year. The stock's trading has been erratic, with no trades on 3 out of the last 20 days, but it remains liquid enough for trading.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has declined by 1.84% over the past week and 1.88% over the past month. This indicates that 3C IT Solutions is performing relatively well compared to the overall market trend. Despite the stock's recent gains, it remains below its 50-day, 100-day, and 200-day moving averages, suggesting potential volatility ahead. The lack of available positive or negative factors does not provide additional insights into the underlying reasons for the stock's movement, but the current upward trend may reflect a temporary recovery amidst broader market challenges.