Why is Megri Soft falling/rising?

As of 16-Oct, Megri Soft Ltd's stock price is currently at 101.00, reflecting an increase of 3.0, or 3.06%. Today's performance indicates that the stock outperformed its sector by 2.71%, opening with a gain of 2.04% and reaching an intraday high of Rs 104, which is a 6.12% increase. Despite this positive movement today, the stock has shown a decline of 3.76% over the past month and a significant year-to-date drop of 46.59%. The stock is currently trading above its 5-day and 20-day moving averages, although it remains below its 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 42.8% against the 5-day average, which may indicate waning interest among investors.
Broader market context shows that while Megri Soft has outperformed the Sensex by 8.24% over the past week, it has underperformed over the longer term, with a year-to-date decline compared to the Sensex's gain of 6.82%. This suggests that while there may be short-term positive sentiment reflected in today's price movement, the overall trend for Megri Soft remains concerning, particularly given its substantial losses over the year and the last three years. The liquidity of the stock is adequate for trading, but the falling delivery volume could signal potential challenges in sustaining the recent upward momentum.