Why is Aion-Tech Soluti falling/rising?

As of 19-Nov, Aion-Tech Solutions Ltd is experiencing a significant price increase, with its current price at Rs 61.12, reflecting a rise of Rs 6.18 or 11.25%. Today's price summary indicates that the stock has outperformed its sector by 8.49% and has gained after three consecutive days of decline. It opened with a notable gain of 9.21% and reached an intraday high of Rs 65.92, marking a 19.99% increase. However, despite this positive movement, there has been a decline in investor participation, with delivery volume falling by 59.02% against the five-day average. The stock's performance over the past week shows a return of 7.99%, while its year-to-date performance remains negative at -23.59%.
In the broader market context, Aion-Tech's short-term return of 7.99% over the past week significantly outpaces the Sensex, which only gained 0.85% during the same period. This indicates that the stock is currently gaining traction relative to the overall market. However, its year-to-date performance is notably poor compared to the Sensex's positive return of 9.02%, suggesting that while the stock is experiencing a short-term rebound, it has struggled over a longer timeframe. The IT - Software sector has also seen a gain of 2.78%, contributing to the positive sentiment around Aion-Tech Solutions Ltd.