Why is Identixweb falling/rising?

As of 16-Sep, Identixweb Ltd's stock price is currently at Rs 74.25, reflecting an increase of Rs 4.25 or 6.07%. The stock has shown a strong performance recently, gaining 12.76% over the past week and 17.21% over the past month, significantly outperforming the Sensex, which has only risen by 1.58% and 2.21% in the same periods, respectively. The stock has been on a consecutive gain for the last two days, and it reached an intraday high of Rs 74.25 today. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 361.54% against the 5-day average, indicating heightened interest and confidence among investors.
Broader Market Context: In the context of the broader market, Identixweb's recent performance stands out as it has outperformed the Sensex significantly in both the short-term and the recent trading sessions. The stock's ability to trade above all key moving averages suggests a strong upward momentum, while the liquidity remains adequate for trading activities. However, it is important to note that there is no information available regarding positive or negative factors that could further explain the stock's movement. Overall, the combination of strong recent returns and increased investor participation contributes to the stock's rising price.