Why is Astonea Labs falling/rising?

As of 14-Jul, Astonea Labs Ltd is experiencing a price increase, currently at Rs. 169.00, reflecting a rise of 4.8 points or 2.92%. The stock has recently hit a new 52-week and all-time high of Rs. 170, and it has outperformed its sector by 2.02%. Over the past three days, Astonea Labs has shown a consecutive gain, accumulating a total return of 15.71%. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. There has also been a notable increase in investor participation, with delivery volume rising by 13.45% against the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Astonea Labs has significantly outperformed the benchmark Sensex over the past week, with a return of +17.00% compared to the Sensex's decline of -1.42%. Over the past month, the stock has also outperformed the benchmark, achieving a return of +19.01% while the Sensex has only increased by +1.40%. This strong performance relative to the market indicates that investor sentiment towards Astonea Labs is positive, likely driven by its recent gains and robust trading activity, despite the absence of specific positive or negative factors in the dashboard data.