Why is Cigniti Tech. falling/rising?

As of 10-Oct, Cigniti Technologies Ltd is currently priced at 1,649.00, reflecting a rise of 2.95 (0.18%). The stock has been on an upward trend, gaining for the last nine consecutive days and achieving a total return of 12.84% during this period. It has outperformed its sector by 0.37% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite this positive momentum, there has been a decline in investor participation, with delivery volume falling by 17.22% against the 5-day average. The company has demonstrated strong financial health, with a high return on equity (ROE) of 24.40%, a low debt-to-equity ratio, and positive results over the last three quarters, which have contributed to its recent stock performance.
In the broader market context, Cigniti Technologies has outperformed the Sensex in the short term, with a 1-week return of 8.37% compared to the Sensex's 1.59%. However, over the longer term, the stock has seen a decline of 1.93% over the past month and a year-to-date drop of 5.27%, while the Sensex has gained 5.58% during the same period. Despite these longer-term challenges, the stock's consistent returns over the past three years and its ability to outperform the BSE500 in each of the last three annual periods indicate a strong underlying performance that may support its current upward price movement.