Why is Likhami Consult. falling/rising?

As of 19-Aug, Likhami Consulting Ltd's stock price is currently at Rs 327.00, reflecting an increase of Rs 15.25, or 4.89%. The stock has shown a positive performance today, outperforming its sector by 3.68% and has been on a consecutive gain for the last two days, with a total return of 10.12% over the past week. The stock opened with a gap up of 4.89% and reached an intraday high of Rs 327. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 5019.05% compared to the 5-day average. However, the stock's performance over the year-to-date remains negative at -62.93%, despite a strong one-year return of +116.56%.
In the broader market context, Likhami Consulting Ltd's recent short-term return of +10.12% over the past week significantly outpaces the Sensex, which has only increased by 1.76% during the same period. This indicates that the stock is gaining traction relative to the overall market. However, it is important to note that the stock has not traded on 4 out of the last 20 days, suggesting some erratic trading behavior. While the stock is currently above its 5-day and 20-day moving averages, it remains below its longer-term moving averages, indicating mixed signals about its longer-term trend. Overall, the stock's recent rise can be attributed to increased investor interest and positive short-term performance compared to the benchmark.