Why is ABM Knowledge falling/rising?

As of 29-Jul, ABM Knowledgeware Ltd's stock price is currently at 177.85, reflecting an increase of 3.8, or 2.18%. Today's performance indicates a positive trend as the stock has gained after two consecutive days of decline. It reached an intraday high of Rs 180, showing a 3.42% increase. Despite a recent drop in delivery volume by 51.77% compared to the 5-day average, the stock remains liquid enough for trading. Over the past year, it has generated an 8.41% return, outperforming the BSE500 in each of the last three annual periods, which highlights its consistent performance. The company also maintains a low debt-to-equity ratio, suggesting financial stability, which could contribute to investor confidence.
In the broader market context, ABM Knowledgeware's short-term performance over the past week shows a decline of 3.26%, while the benchmark Sensex has only decreased by 1.03%. However, in the last month, ABM Knowledgeware has outperformed the Sensex, gaining 4.04% compared to the benchmark's decline of 3.24%. This indicates that while the stock has faced some short-term challenges, its longer-term performance remains strong, particularly over the last three years, where it has surged by 108.26% compared to the Sensex's 41.28% increase. This relative strength may be attracting investors, contributing to the recent rise in stock price.