Why is Astonea Labs falling/rising?

As of 19-Aug, Astonea Labs Ltd is experiencing a price increase, currently at Rs 179.00, reflecting a rise of Rs 3.0 or 1.7%. The stock has shown strong performance recently, gaining 6.52% over the last three days and outperforming its sector by 1.83% today. It opened with a gain of 2.27% and reached an intraday high of Rs 183.4, which is 3.35% away from its 52-week high of Rs 185. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. There has also been a notable increase in investor participation, with delivery volume rising by 41.3% compared to the 5-day average, indicating a positive sentiment among investors.
In the broader market context, Astonea Labs has outperformed the benchmark Sensex over the past week, with a return of +4.68% compared to the Sensex's +1.76%. However, the stock has seen a slight decline of 1.10% over the past month, while the Sensex has remained relatively flat with a change of -0.14%. This suggests that while the stock is currently on an upward trajectory, it has faced some challenges in the longer term. Overall, the combination of recent gains, positive investor sentiment, and strong short-term performance relative to the benchmark contributes to the stock's rising price.