Why is CG-VAK Software falling/rising?

As of 19-Sep, CG-VAK Software & Exports Ltd is currently priced at 308.60, reflecting a decline of 7.55 points or 2.39%. The stock has experienced a trend reversal, falling after two consecutive days of gains. Despite opening with a gain of 3.26% and reaching an intraday high of Rs 326.45, it also touched a low of Rs 301 during the day, indicating volatility. The stock has outperformed the sector over the past week and month, with returns of +21.07% and +23.94%, respectively, although it has underperformed today by 1.99%. Additionally, CG-VAK Software is trading above its moving averages across various time frames, and there has been a significant increase in investor participation, with delivery volume rising by 103.83% against the 5-day average.
In the broader market context, while CG-VAK Software has shown strong short-term performance compared to the Sensex, which only gained 0.88% over the past week and 1.20% over the past month, it has struggled year-to-date with a decline of 5.84% compared to the Sensex's gain of 5.74%. This indicates that while the stock has had a strong recent performance, its overall year-to-date performance is lagging behind the benchmark. The liquidity of the stock remains adequate for trading, suggesting that market conditions are not a significant barrier to its price movement.