Why is Megasoft falling/rising?

As of 10-Sep, Megasoft Ltd's stock price is currently at Rs. 161.15, reflecting an increase of Rs. 6.45 or 4.17%. The stock has reached a new 52-week high today and has been on a positive trajectory, gaining for the last seven days with a total return of 26.89% during this period. Additionally, it has outperformed its sector by 1.62%. Over the past week, the stock has shown impressive returns of 15.73%, and year-to-date, it has surged by 82.92%. However, there has been a slight decline in investor participation, with delivery volume falling by 10.51% compared to the five-day average, which could indicate a potential concern for future momentum.
Broader market context shows that while Megasoft has been performing exceptionally well, the Sensex has only increased by 1.06% over the past week. This stark contrast highlights the stock's strong performance relative to the broader market. The IT - Software sector has also seen a gain of 2.56%, contributing positively to Megasoft's rise. Overall, the stock's consistent upward movement, supported by strong returns over various periods, suggests robust investor confidence, despite the recent dip in trading volume.