Why is Kandarp Digi falling/rising?

As of 11-Sep, Kandarp Digi Smart BPO Ltd is experiencing a price increase, with its current price at 116.05, reflecting a rise of 5.0 or 4.5%. The stock has shown strong performance today, outperforming its sector by 3.14%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The delivery volume has also increased significantly, with a 39.24% rise against the 5-day average, suggesting heightened investor interest. The stock has demonstrated impressive returns, with a year-to-date increase of 138.30% and a one-year return of 169.26%, both significantly outperforming the Sensex, which has only risen by 5.75% and 0.35% respectively.
In the broader market context, Kandarp Digi's short-term performance over the past week shows a return of 9.90%, which is substantially higher than the Sensex's 1.10% increase, indicating strong relative strength. This outperformance is further supported by the rising investor participation and liquidity, making it an attractive option for traders. While there are no specific positive or negative factors detailed in the dashboard, the overall positive momentum in stock performance and investor engagement suggests a favorable outlook for Kandarp Digi in the current market environment.