Why is Data Pattern falling/rising?

As of 26-Jun, Data Patterns (India) Ltd is experiencing a price increase, currently at 2,865.70, reflecting a rise of 76.25 or 2.73%. Today's price summary indicates that the stock has outperformed its sector by 2.79% and has shown a trend reversal after two consecutive days of decline. The stock reached an intraday high of Rs 2907.2, marking a 4.22% increase. Over the past week, the stock has decreased by 2.28%, but it has gained 1.51% over the last month and 16.05% year-to-date. The company has demonstrated strong financial health, with a low debt-to-equity ratio and impressive net sales growth, which has contributed positively to investor sentiment. However, it is trading at a premium compared to its peers, which may pose a risk due to its high valuation.
In the broader market context, the Sensex has increased by 2.94% over the past week, indicating that while Data Patterns has underperformed in the short term, its longer-term performance remains strong with a 341.59% increase over the last three years. The rising investor participation, evidenced by an 85.09% increase in delivery volume, suggests growing interest in the stock, which may be bolstered by the high institutional holdings that provide confidence in the company's fundamentals. Despite the stock's recent price increase, the overall market conditions and the company's valuation metrics indicate a complex landscape for potential investors.