Why is Kandarp Digi falling/rising?

As of 18-Sep, Kandarp Digi Smart BPO Ltd is experiencing a price increase, currently at Rs 122.75, which reflects a rise of Rs 3.3 or 2.76%. The stock has shown strong performance recently, with a one-week return of +5.77% and a one-month return of +30.38%. It is also trading above all its moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 58.33% compared to the five-day average. Despite this, the stock remains liquid enough for trading, as it accounts for 2% of the five-day average traded value. In the broader market context, Kandarp Digi's recent performance significantly outpaces the benchmark Sensex, which has only increased by 1.67% over the past week and 2.20% over the past month. The stock's year-to-date return of +152.05% and one-year return of +199.39% further highlight its strong performance relative to the Sensex's modest gain of 7.52% year-to-date. This substantial outperformance suggests that investor sentiment towards Kandarp Digi remains positive, despite the recent drop in trading volume.