Why is ABM Knowledge falling/rising?

As of 16-Oct, ABM Knowledgeware Ltd's stock price is rising, currently at Rs 284.95, reflecting an increase of Rs 25.9 or 10.0%. The stock has shown strong performance today, outperforming its sector by 9.65% and trading close to its 52-week high, just 1.42% away from Rs 289. Over the past week, the stock has gained 14.71%, and it has demonstrated impressive returns over longer periods, including a 119.45% increase over the past year. The stock is currently trading above all key moving averages, indicating a bullish trend. Additionally, there has been a notable rise in investor participation, with delivery volume increasing by 18.01% compared to the five-day average, suggesting growing interest among investors.
In the broader market context, ABM Knowledgeware Ltd has significantly outperformed the Sensex, which has only increased by 1.58% over the past week. This stark contrast highlights the stock's strong momentum relative to the overall market. The high volatility observed today, with an intraday fluctuation of 5.54%, indicates active trading and investor engagement, further supporting the stock's upward movement. Overall, the combination of solid performance metrics, rising investor interest, and favorable comparisons to the benchmark contributes to the stock's rising price.