Why is Datamatics Glob. falling/rising?

As of 05-Aug, Datamatics Global Services Ltd is experiencing a rise in its stock price, currently at 1,049.80, reflecting an increase of 31.55 (3.1%). The stock has reached a new 52-week high of Rs.1060 today and has outperformed its sector by 3.5%. It has shown a strong performance over the last week, gaining 19.11% and has consistently traded above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a notable decline in investor participation, with delivery volume dropping by 49.07% against the 5-day average, which may indicate a potential concern for future trading momentum.
In the broader market context, Datamatics Global Services Ltd has significantly outperformed the benchmark Sensex over various time frames, including a 12.23% increase over the past week compared to a decline of 0.77% in the Sensex. Over the past month, the stock has surged by 59.06%, while the Sensex has fallen by 3.26%. This stark contrast highlights the stock's strong performance relative to the market, contributing to its upward price movement. Despite the recent drop in trading volume, the overall positive returns and consistent gains suggest a robust demand for the stock amidst a challenging market environment.