Why is Datamatics Glob. falling/rising?

As of 12-Aug, Datamatics Global Services Ltd is experiencing a price increase, currently at 1,058.95, reflecting a rise of 43.6 points or 4.29%. The stock has shown strong performance today, outperforming its sector by 4.01%, and has been on a consecutive gain streak for the last two days, accumulating a total return of 6.95% in this period. Additionally, the stock has touched an intraday high of Rs 1066.75, indicating positive momentum. Over the past year, the stock has generated impressive returns of 82.59%, significantly outperforming the BSE500 index over various time frames, including 254.82% over three years and 1544.33% over five years. The company also maintains a low debt-to-equity ratio, which supports its stable financial position.
In the broader market context, Datamatics Global Services Ltd's recent performance contrasts sharply with the benchmark Sensex, which has declined by 0.59% over the past week and 2.75% over the past month. This divergence highlights the stock's strong resilience and investor confidence, particularly as it has achieved a remarkable 45.66% return over the last month while the benchmark has struggled. The rising investor participation, evidenced by a 31.82% increase in delivery volume, further underscores the stock's liquidity and attractiveness to traders, contributing to its upward price movement.