Why is Cams Services falling/rising?

As of 03-Jul, Computer Age Management Services Ltd's stock price is rising, currently at 4,261.10, with an increase of 32.55 (0.77%). The stock has shown a trend reversal, gaining after two consecutive days of decline. It has outperformed its sector by 0.75% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a significant drop in delivery volume, which fell by 64.4% against the 5-day average, the company has demonstrated strong financial performance, with net sales growing by 20.96% and PAT increasing by 24.23% over the last six months. Additionally, the company has maintained a high return on equity (ROE) of 40.26% and a low debt-to-equity ratio, contributing to positive investor sentiment.
In the broader market context, the stock has outperformed the Sensex in the short term, with a 1-week return of +1.18% compared to the benchmark's -0.62%. This indicates that while the overall market may be facing challenges, Cams Services is managing to deliver positive returns. Furthermore, the stock has shown strong long-term performance, generating a 12.15% return over the past year and outperforming the BSE500 over various periods. The high institutional holdings at 71.71% suggest that knowledgeable investors have confidence in the company's fundamentals, which may also support the stock's upward movement despite the recent decline in trading volume.