Why is Identixweb falling/rising?

As of 24-Sep, Identixweb Ltd's stock price is currently at Rs 72.50, reflecting an increase of Rs 3.0 or 4.32%. The stock has shown a positive performance today, outperforming its sector by 4.98%. It reached an intraday high of Rs 72.6, indicating strong trading activity despite some erratic trading patterns, as it did not trade on 2 out of the last 20 days. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bullish trend. However, there has been a significant drop in investor participation, with delivery volume falling by 83.33% against the 5-day average, indicating potential concerns about sustained interest in the stock.
In the broader market context, over the past week, Identixweb has underperformed the benchmark Sensex, with a decline of 2.36% compared to the Sensex's 1.18% drop. However, in the past month, Identixweb has outperformed the benchmark significantly, gaining 9.85% while the Sensex only increased by 0.50%. This indicates that while the stock has faced some short-term volatility, its longer-term performance remains strong relative to the market. The liquidity of the stock appears adequate for trading, as it is based on 2% of the 5-day average traded value, which supports its current price movement despite the noted decline in delivery volume.