Why is CMS Info Systems falling/rising?

As of 18-Aug, CMS Info Systems Ltd is experiencing a rise in its stock price, currently at 444.45, reflecting an increase of 9.4 points or 2.16%. Today's performance indicates that the stock has outperformed its sector by 2.61%, with an intraday high of Rs 445.3. In the short term, the stock has shown a positive return of 1.26% over the past week, contrasting with a more significant decline of 16.50% over the past month. Despite a year-to-date drop of 9.47%, the company maintains a high management efficiency with a return on equity (ROE) of 17.76%, a low debt-to-equity ratio, and attractive valuation metrics, which may contribute to investor confidence and the recent price increase.
In the broader market context, CMS Info Systems has outperformed the Sensex, which has only increased by 0.83% over the past week. The stock's liquidity is also favorable, with a delivery volume that has risen significantly, indicating increased investor participation. While the stock has underperformed over the longer term, with a 19.76% decline over the past year, the recent rise in price may be attributed to the high institutional holdings at 63.57%, suggesting that informed investors are optimistic about the company's fundamentals, thereby supporting the stock's upward movement.