Why is Astonea Labs falling/rising?

As of 08-Sep, Astonea Labs Ltd is experiencing a price increase, currently at Rs 177.00, which reflects a rise of Rs 3.8 or 2.19%. The stock has shown positive momentum, having gained after two consecutive days of decline. It is currently trading close to its 52-week high, just 4.52% away from Rs 185. Additionally, the stock has outperformed its sector by 2.32% today and is trading above all key moving averages, indicating a strong upward trend. Furthermore, there has been a significant increase in investor participation, with delivery volume rising by 125% compared to the five-day average, suggesting heightened interest in the stock.
In the broader market context, Astonea Labs has outperformed the Sensex over the past week, with a return of 1.32% compared to the benchmark's 0.53%. Over the past month, the stock has also shown a stronger performance, gaining 4.64% while the Sensex increased by 1.16%. This positive comparison indicates that Astonea Labs is not only gaining traction on its own but is also performing well relative to the overall market. The absence of any negative factors in the provided data further supports the stock's upward movement, reflecting a favorable sentiment among investors.