Why is Forcas Studio falling/rising?

As of 12-Jun, Forcas Studio Ltd is experiencing a price increase, currently at 122.75, reflecting a rise of 9.3 or 8.2%. The stock has shown strong performance, outperforming its sector by 9.93% today. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The stock has also seen a significant increase in investor participation, with delivery volume rising by 262.75% against the 5-day average. While there are no specific positive or negative factors detailed, the overall performance metrics suggest a strong upward momentum.
In the broader market context, Forcas Studio's short-term return of 14.72% over the past week significantly outpaces the Sensex, which has only increased by 0.55% during the same period. Over the past month, Forcas Studio has risen by 37.92%, while the Sensex has slightly declined by 0.15%. This stark contrast in performance highlights the stock's robust growth relative to the broader market, contributing to its rising price.