Why is Megasoft falling/rising?

As of 19-Sep, Megasoft Ltd's stock price is currently at Rs 155.50, reflecting an increase of Rs 4.6, or 3.05%. The stock has shown strong performance over the past month, with a return of 31.22%, and has significantly outperformed the Sensex, which only gained 1.20% during the same period. Today, Megasoft's stock outperformed its sector by 3.45%, reaching an intraday high of Rs 155.50. However, there has been a notable decline in investor participation, with delivery volume falling by 31.3% compared to the 5-day average. Despite this drop in participation, the stock is trading above its moving averages across various time frames, indicating a generally positive trend.
In the broader market context, while Megasoft's short-term performance has been impressive, the stock's recent decline in investor participation contrasts with its strong returns over the year, where it has risen by 147.73% compared to a slight decline of 0.67% in the Sensex. This suggests that while the stock is currently experiencing upward price movement, the decrease in trading volume may raise concerns about sustainability. Overall, Megasoft's strong historical performance and current price increase indicate positive sentiment, but the falling investor participation could be a factor to monitor moving forward.