Why is Likhami Consult. falling/rising?

As of 25-Aug, Likhami Consulting Ltd's stock price is rising, currently at Rs 396.90, reflecting an increase of Rs 18.9 or 5.0%. The stock has been on an upward trend, gaining for the last six consecutive days and achieving a total return of 33.66% during this period. It opened with a 5% gain today and reached an intraday high of Rs 396.90. Additionally, the stock has outperformed its sector by 4.66%. In terms of returns, it has shown impressive performance over the past week and month, with increases of 27.31% and 30.69%, respectively, although it remains down 55.01% year-to-date.
In the broader market context, the Sensex has only increased by 0.45% over the past week and 0.21% over the past month, indicating that Likhami Consulting's strong performance is notable compared to the benchmark. The stock's higher trading volume and liquidity suggest rising investor participation, which may be contributing to its price increase. While the stock is currently trading above its 5-day, 20-day, and 50-day moving averages, it remains below the 100-day and 200-day moving averages, indicating mixed long-term trends. Overall, the stock's recent gains are driven by positive investor sentiment and strong short-term performance relative to the broader market.