Why is Aion-Tech Soluti falling/rising?

As of 30-Oct, Aion-Tech Solutions Ltd is experiencing a rise in its stock price, currently at Rs 60.91, reflecting an increase of Rs 1.88 or 3.18%. The stock has shown positive momentum, having gained 5.02% over the last two days and outperforming its sector by 3.69% today. Despite a negative performance over the past month and year-to-date, where it has declined by 0.86% and 23.85% respectively, the stock has performed well over the past week with a return of 7.05%. However, it is important to note that investor participation has decreased significantly, with delivery volume falling by 63.97% against the 5-day average, indicating a potential concern for future trading activity.
In the broader market context, Aion-Tech's recent performance contrasts sharply with the benchmark Sensex, which has seen a slight decline of 0.18% over the past week while gaining 5.15% over the past month. This indicates that while Aion-Tech is currently on an upward trajectory, its longer-term performance remains weak compared to the benchmark, particularly with a year-to-date decline of 23.85% versus the Sensex's gain of 8.02%. The stock's moving averages suggest it is performing better in the short term compared to the 5-day and 20-day averages, but it still lags behind the longer-term averages, which may reflect ongoing volatility and uncertainty in investor sentiment.