Why is Mastek falling/rising?

As of 09-Jul, Mastek Ltd's stock price is currently at 2,581.30, reflecting an increase of 13.65, or 0.53%. The stock has shown a strong performance recently, gaining 6.84% over the last four days and outperforming its sector by 1.28% today. Additionally, it has recorded a weekly return of +5.83% and a monthly return of +9.22%, which indicates positive momentum. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below its 200-day moving average. Positive factors contributing to this rise include high management efficiency, a low debt-to-equity ratio, and healthy long-term growth in net sales, which has increased at an annual rate of 26.39%. Furthermore, institutional investors have increased their stake, indicating growing confidence in the company's fundamentals.
In the broader market context, Mastek's short-term performance significantly outpaces the benchmark Sensex, which has only gained 0.15% over the past week and 1.32% over the past month. This contrast highlights Mastek's strong relative performance in a generally stable market. Despite a year-to-date decline of 13.23% compared to the Sensex's gain of 6.91%, the stock's recent upward trend, driven by rising investor participation and improved fundamentals, suggests a potential recovery phase.