Why is Logica Infoway falling/rising?

As of 03-Sep, Logica Infoway Ltd is experiencing a price increase, currently at Rs 210.80, which reflects a rise of Rs 9.9 or 4.93%. The stock has shown a positive performance today, outperforming its sector by 3.43%. It reached an intraday high of Rs 211.4, indicating strong trading activity. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 31.58% compared to the 5-day average. However, the stock's performance over the year remains negative, with a decline of 20.71%, and it has not traded on one day out of the last 20, indicating some erratic trading patterns.
Broader Market Context: In the short term, Logica Infoway's performance over the past week shows a slight gain of 0.33%, while the benchmark Sensex has decreased by 0.27%. This suggests that Logica Infoway is currently outperforming the broader market. Despite a year-to-date decline of 4.16% compared to the Sensex's gain of 3.11%, the recent uptick in price and increased trading volume may indicate a shift in investor sentiment, potentially driven by positive market conditions or company-specific developments.