Why is Apollo Micro Sys falling/rising?

As of 05-Aug, Apollo Micro Systems Ltd is experiencing a price increase, currently at Rs 178.85, which reflects a rise of 6.05 or 3.5%. The stock has been gaining for the last two days, with a total return of 5.24% during this period. It has outperformed its sector by 3.69% today and reached an intraday high of Rs 179.8. However, despite these positive movements, the stock's delivery volume has significantly decreased, falling by 66.05% compared to the 5-day average, indicating a decline in investor participation. Over the longer term, the stock has shown impressive returns, with a year-to-date increase of 54.98% and a remarkable 1205.47% rise over the past three years.
In the broader market context, Apollo Micro Systems has outperformed the Sensex over the past week, with a return of +0.62% compared to the benchmark's -0.77%. While the stock has shown strong performance in the long term, it has faced a decline of 6.82% over the past month, which is less than the Sensex's decline of 3.26%. This suggests that while the stock is currently rising, it has faced some challenges recently, particularly in the short term, as indicated by the drop in delivery volumes. Overall, the stock's recent gains appear to be driven by positive short-term performance despite the broader market's mixed signals.