Why is Megasoft falling/rising?

As of 25-Jun, Megasoft Ltd's stock price is currently at Rs 95.70, reflecting an increase of Rs 1.8, or 1.92%. The stock has demonstrated strong performance recently, having outperformed its sector by 0.34% today and achieving a consecutive gain over the last three days with a total return of 11.93%. Additionally, the stock has shown impressive returns over various periods, including a 42.67% increase over the past year and a staggering 1205.59% over the last five years. However, there has been a slight decline in investor participation, with delivery volume decreasing by 7.13% compared to the five-day average, which may indicate a potential concern for future momentum.
In the broader market context, Megasoft's short-term performance has significantly outpaced the benchmark Sensex, which has risen by only 1.61% over the past week compared to Megasoft's 3.15% increase. This trend continues over the one-month period, where Megasoft's return of 10.70% also surpasses the Sensex's 1.27%. The stock's ability to maintain trading above its moving averages further supports its upward trajectory, despite the noted decline in delivery volume. Overall, while the stock is currently rising, the decrease in investor participation could be a factor to monitor moving forward.