Why is Identixweb falling/rising?

As of 15-Sep, Identixweb Ltd's stock price is rising, currently at Rs 70.00, reflecting an increase of Rs 4.15 or 6.3%. Today's price summary indicates that the stock outperformed its sector by 6.77%, despite opening with a loss of 6.3%. The stock has shown high volatility today, with an intraday range of Rs 8.3 and a high of Rs 70, which aligns with its performance over the past week, where it has increased by 6.30%. However, there has been a decline in investor participation, with delivery volume dropping by 6.25% against the 5-day average, which may indicate some caution among investors.
In the broader market context, Identixweb's short-term performance has significantly outpaced the Sensex, which has only risen by 1.24% over the past week. This strong relative performance suggests that the stock is gaining traction among investors, despite some erratic trading patterns and a recent drop in trading volume. The stock's ability to trade above its moving averages further supports its upward momentum, contrasting with the Sensex's more modest gains. Overall, while there are signs of volatility and reduced investor participation, the stock's recent performance indicates a positive trend in the short term.