Why is Megasoft falling/rising?

As of 09-Sep, Megasoft Ltd's stock price is currently at Rs. 154.70, reflecting an increase of Rs. 5.5 or 3.69%. The stock has reached a new 52-week high of Rs. 156.65 today and has been on a positive trajectory, gaining for the last six days with a total return of 21.81% during this period. Additionally, it has outperformed its sector by 1.52%. The stock is trading above its moving averages across various time frames, indicating strong momentum. However, there has been a notable decline in investor participation, with delivery volume dropping by 70.44% compared to the five-day average, which may raise concerns about sustainability in the stock's upward movement.
In the broader market context, Megasoft's performance has significantly outpaced the benchmark Sensex, with a one-week return of 16.62% compared to the Sensex's 1.18%. Over the past month, Megasoft has achieved a return of 31.10%, while the Sensex has only gained 1.56%. This stark contrast highlights the stock's strong performance relative to the market. Overall, while the stock is experiencing a positive trend, the decrease in investor participation could pose a risk to its continued rise.