Why is Data Pattern falling/rising?

As of 12-Sep, Data Patterns (India) Ltd is experiencing a price increase, currently at Rs 2,715.20, reflecting a rise of Rs 132.35 or 5.12%. The stock has shown strong performance today, outperforming its sector by 4.92% and achieving a consecutive gain over the last six days, with a total return of 10.72% during this period. It reached an intraday high of Rs 2,730, and is trading above all its moving averages, indicating a positive trend. Additionally, the stock has seen a significant increase in investor participation, with delivery volume rising by 137.81% compared to the five-day average. The company maintains a low debt-to-equity ratio and has high institutional holdings, which have increased by 0.75% over the previous quarter, suggesting confidence from more knowledgeable investors.
In the broader market context, Data Patterns has outperformed the benchmark Sensex in the short term, with a one-week return of 10.12% compared to the Sensex's 1.48%. This trend of outperformance continues over one month and year-to-date, indicating a strong relative strength against the market. The stock's performance over three years also significantly surpasses that of the benchmark, with a return of 137.97% compared to the Sensex's 36.25%. Overall, the combination of strong recent performance, increasing investor interest, and favorable institutional sentiment contributes to the stock's rising price.