Why is Macobs Technolo. falling/rising?

As of 09-Sep, Macobs Technologies Ltd is experiencing a price increase, currently at Rs. 202.10, reflecting a rise of Rs. 6.1 or 3.11%. The stock has recently hit a new 52-week and all-time high of Rs. 209, indicating strong upward momentum. It has outperformed its sector by 2.84% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend. However, there is a notable decline in investor participation, with delivery volume dropping by 88.57% compared to the 5-day average, which could indicate a potential concern for sustained momentum. Unfortunately, there is no information available regarding positive or negative factors that could further clarify the stock's recent movement.
In the broader market context, Macobs Technologies Ltd has shown a strong performance relative to the Sensex benchmark, with a 1-week return of +1.51% compared to the Sensex's +1.18%. Over the past month, the stock has surged by 20.30%, significantly outpacing the Sensex's modest gain of 2.07%. Year-to-date, the stock has increased by 21.75%, while the Sensex has only risen by 5.18%. This consistent outperformance suggests that investor sentiment remains positive towards Macobs Technologies Ltd, despite the recent drop in trading volume.