Why is Ace Soft. Exp. falling/rising?

As of 13-Nov, Ace Software Exports Ltd is experiencing a price increase, with its current price at Rs 313.80, reflecting a rise of Rs 25.7 or 8.92%. The stock has shown a trend reversal, gaining after three consecutive days of decline. Today, it outperformed its sector by 9.46% and reached an intraday high of Rs 318, indicating strong buying interest. Despite a negative performance over the past week and month, with declines of 0.63% and 15.32% respectively, the stock has demonstrated significant long-term growth, with a remarkable 3-year return of 2524.10%. Additionally, rising investor participation is evident, as the delivery volume increased by 16.13% compared to the 5-day average, suggesting renewed interest among investors.
Broader Market Context: In the context of the broader market, Ace Software Exports Ltd's recent performance contrasts with the Sensex, which has gained 1.40% over the past week and 2.61% over the past month. While the stock has struggled in the short term, its long-term performance remains strong, with a 1-year return of 7.11% compared to the Sensex's 8.74%. This indicates that while the stock is currently rising, it has faced challenges relative to the benchmark in the short term, but its historical performance suggests potential for recovery and growth.