Why is NMS Global falling/rising?

As of 27-Oct, NMS Global Ltd's stock price is rising, currently at Rs. 88.09, reflecting an increase of 4.19 or 4.99%. The stock has reached a new 52-week high today and has outperformed its sector by 4.81%. Over the past five days, it has gained 21.47%, indicating strong momentum. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a positive trend. However, there has been a notable decline in investor participation, with delivery volume falling by 81.89% against the 5-day average, which may raise concerns about sustainability in the stock's upward movement.
In the broader market context, NMS Global's performance over the past week shows a remarkable return of 21.42%, significantly outpacing the Sensex, which only increased by 0.49%. This trend continues over the past month and year-to-date, where NMS Global has returned 31.48% and 60.16%, respectively, compared to the Sensex's 5.41% and 8.50%. Such strong relative performance highlights the stock's resilience and attractiveness to investors, despite the recent drop in trading volume. Overall, the stock's rise can be attributed to its strong performance metrics, although the decrease in delivery volume could signal caution among investors.