Why is Megasoft falling/rising?

As of 24-Jun, Megasoft Ltd's stock price is currently at Rs 93.90, reflecting an increase of Rs 4.47, or 5.0%. The stock has shown strong performance today, outperforming its sector by 5% and has been on a consecutive gain for the last two days, resulting in a total return of 9.82% during this period. Additionally, the stock opened with a gain of 3.88% and reached an intraday high of Rs 93.90. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a notable decline in investor participation, with delivery volume falling by 40.08% compared to the 5-day average, indicating a potential concern regarding sustained interest in the stock.
In the broader market context, Megasoft's recent performance can be compared to the Sensex, which has gained 0.58% over the past week while Megasoft has decreased by 0.75% in the same timeframe. Despite this short-term decline, Megasoft has outperformed the benchmark over longer periods, with a year-to-date return of 6.58% compared to the Sensex's 5.01%. The stock's strong performance over the past month and year, along with its significant gains over three and five years, suggests that while there may be short-term fluctuations, the overall trend remains positive.