Why is Logica Infoway falling/rising?

As of 11-Jul, Logica Infoway Ltd is experiencing a price increase, currently at Rs 213.75, reflecting a rise of 7.75 points or 3.76%. The stock has shown positive momentum, gaining for the last two days with a total return of 6.88% during this period. It reached an intraday high of Rs 218, indicating strong trading activity. Additionally, the stock has outperformed its sector by 6.19%. However, it is important to note that over the past month, the stock has declined by 10.17%, and its year-to-date performance shows a decrease of 2.82%. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.
Broader Market Context: In comparison to the benchmark Sensex, which has seen a slight decline of 1.12% over the past week, Logica Infoway's short-term return of 1.91% indicates that it is performing better than the broader market. Despite the stock's recent gains, its longer-term performance remains concerning, with a year-over-year decline of 15.16%, while the Sensex has increased by 3.26% in the same period. This suggests that while the stock is currently rising, it faces challenges in the context of its overall performance relative to the market.