Why is Covance Softsol falling/rising?

As of 08-Aug, Covance Softsol Ltd is experiencing a price increase, with its current price at Rs. 30.91, reflecting a rise of 0.6 or 1.98%. The stock has reached a new 52-week and all-time high today, and it has outperformed its sector by 2.78%. Over the past 21 days, the stock has shown a remarkable gain of 50.85%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a significant decline in investor participation, with delivery volume dropping by 95.24% against the 5-day average, indicating a potential concern regarding liquidity, although the stock remains liquid enough for trading. In the broader market context, Covance Softsol's performance over the past week has been notably strong, with a return of +10.35%, while the benchmark Sensex has declined by 0.92%. Over the past month, Covance Softsol has surged by 56.90%, contrasting sharply with the Sensex's decline of 4.60%. This stark difference highlights the stock's robust performance relative to the broader market, suggesting that investor sentiment towards Covance Softsol remains positive despite the recent drop in delivery volume.