Why is Intense Tech. falling/rising?

As of 18-Sep, Intense Technologies Ltd is experiencing a significant rise in its stock price, currently at Rs 106.22, reflecting an increase of Rs 17.6 or 19.86%. The stock has shown strong performance today, outperforming its sector by 19.16% and achieving a consecutive gain over the last two days with a total return of 21.92%. Additionally, it has traded above its moving averages across various time frames, indicating a bullish trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 37.32% compared to the 5-day average, which could suggest some caution among investors despite the positive price movement.
Broader Market Context: In the short term, Intense Technologies has outperformed the benchmark Sensex, with a weekly return of 20.00% compared to the Sensex's 1.80%. Over the past month, the stock has also shown a strong return of 32.71%, significantly higher than the Sensex's 2.14%. While the stock has faced challenges year-to-date and over the past year, its recent performance indicates a recovery trend that contrasts sharply with the broader market's more modest gains. This divergence highlights the stock's potential for growth despite its previous underperformance in the longer term.