Why is Lee & Nee Soft. falling/rising?

As of 01-Oct, Lee & Nee Software (Exports) Ltd is experiencing a price increase, currently at Rs 11.00, which reflects a rise of 1.04 or 10.44%. The stock has shown strong performance today, outperforming its sector by 9.69% and achieving consecutive gains over the last three days, resulting in an 18.79% return during this period. The stock reached an intraday high of Rs 11, although it also touched a low of Rs 9.62 earlier in the day, indicating high volatility with an intraday fluctuation of 6.69%. Additionally, the stock is trading above its moving averages across various time frames, and there has been a significant increase in investor participation, with delivery volume rising by 174.57% compared to the five-day average.
In the broader market context, Lee & Nee Software's short-term performance has been notably strong, with a 15.06% increase over the past week, while the benchmark Sensex has declined by 0.90% during the same period. Over the last month, the stock has also outperformed the Sensex, gaining 17.15% compared to the benchmark's 0.77% increase. However, it is important to note that the stock has underperformed on a year-to-date basis, with a decline of 21.48% against the Sensex's gain of 3.64%. This contrasting performance highlights the stock's recent strength despite its longer-term challenges.