Why is GTT Data falling/rising?

As of 22-Sep, GTT Data Solutions Ltd is experiencing a price increase, currently at Rs 66.83, reflecting a rise of 6.07 or 9.99%. The stock has shown strong performance today, outperforming its sector by 12.6% and achieving a consecutive gain over the last two days, resulting in an 18.87% return during this period. It opened with a gain of 4.59% and reached an intraday high of Rs 66.83. Although the stock's moving averages indicate it is higher than the 5-day and 20-day averages, it remains below the 50-day, 100-day, and 200-day moving averages. The stock's year-to-date performance shows a decline of 25.71%, but it has significantly outperformed the benchmark over the last three years with a return of 2304.23%.
In the broader market context, the Sensex has only increased by 0.46% over the past week, while GTT Data Solutions has risen by 10.14%, indicating a strong short-term performance relative to the benchmark. However, the IT - Software sector has faced a decline of 2.6%, which contrasts with GTT's recent gains. Despite the overall negative sentiment in the sector, rising investor participation, as evidenced by an increase in delivery volume, suggests growing confidence in GTT Data Solutions. This liquidity, combined with the stock's recent upward momentum, contributes to its current price rise.