Why is Megasoft falling/rising?

As of 26-Jun, Megasoft Ltd's stock price is currently at Rs 99.02, reflecting an increase of Rs 3.32 or 3.47%. The stock has shown strong performance today, outperforming its sector by 3.53% and has been on a consecutive gain streak for the last four days, accumulating a total return of 15.81% during this period. Additionally, the stock opened with a gain of 2.81% and reached an intraday high of Rs 100.24, which is a 4.74% increase. Over various time frames, Megasoft has demonstrated impressive returns, including a 47.92% increase over the past year and a staggering 1128.54% over the last five years. However, it is important to note that there has been a decline in investor participation, with delivery volume dropping by 52.15% against the five-day average, which could indicate a potential concern for future trading activity.
In the broader market context, Megasoft's short-term performance has significantly outpaced the benchmark Sensex, which has only risen by 2.94% over the past week compared to Megasoft's impressive 13.27% increase. This trend continues over the one-month period, where Megasoft's return of 17.25% also surpasses the Sensex's 1.92% gain. The stock's ability to trade above all key moving averages further supports its upward momentum, suggesting strong market sentiment. However, the noted decrease in delivery volume may raise questions about the sustainability of this upward trend, as liquidity remains adequate for trading.