Why is CMS Info Systems falling/rising?

As of 07-Jul, CMS Info Systems Ltd is experiencing a price increase, currently at 520.20, reflecting a change of 4.55 (0.88%) upwards. The stock has shown strong performance recently, outperforming its sector by 1.52% today and achieving a consecutive gain over the last two days with a total return of 2.6%. Over the past week, the stock has risen by 4.06%, while its one-month return stands at 7.59%. Additionally, CMS Info Systems is trading above its moving averages across various time frames, indicating positive momentum. The company benefits from high management efficiency, evidenced by a return on equity (ROE) of 17.76%, a low debt-to-equity ratio, and attractive valuations compared to peers, which contribute to its recent upward movement.
In the broader market context, while CMS Info Systems has outperformed the Sensex by a notable margin in the short term, the benchmark index has seen a slight decline of 0.20% over the past week. Despite this, the stock's year-to-date performance is slightly behind the Sensex, with a return of 5.96% compared to the benchmark's 6.79%. The high institutional holdings at 64.24% suggest that informed investors are confident in the company's fundamentals, further supporting the stock's positive trajectory. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 13.63% against the five-day average, which could be a point of concern moving forward.