Why is ABM Knowledge falling/rising?

As of 23-Oct, ABM Knowledgeware Ltd is currently priced at Rs. 306.00, reflecting a decrease of Rs. 12.35 or 3.88%. Despite this decline, the stock has shown strong performance over the past week, with a return of 7.39%, and an impressive 50.33% increase over the past month. Today, the stock reached a new 52-week high of Rs. 325 before experiencing a drop, touching an intraday low of Rs. 300. The stock opened with a gain of 2.09% but ultimately underperformed its sector by 6.04%. Additionally, ABM Knowledge is trading above its moving averages across various time frames, indicating a generally positive trend. However, the absence of specific positive or negative factors in the dashboard limits a deeper analysis of the stock's recent movement.
Broader market context shows that while ABM Knowledge has experienced a significant year-to-date return of 71.19%, the benchmark Sensex has only gained 8.21% in the same period. This indicates that the stock has outperformed the market substantially over the long term. However, the stock's performance today contrasts with the IT - Software sector, which gained 2.18%, suggesting that external market conditions may have influenced the stock's decline despite its strong historical performance. The rising investor participation, evidenced by a 112.4% increase in delivery volume, suggests continued interest in the stock, which may support its recovery in the near future.