Why is Onward Technolog falling/rising?

As of 06-Oct, Onward Technologies Ltd is experiencing a price increase, currently at Rs 319.90, reflecting a rise of Rs 22.9 or 7.71%. The stock has been gaining momentum, having outperformed its sector by 5.53% today and achieving a consecutive gain over the last three days with a total return of 11.48%. Additionally, the stock reached an intraday high of Rs 348, indicating strong trading activity, despite high volatility of 5.6% observed today. In terms of performance against benchmarks, the stock has shown a 10.54% increase over the past week, contrasting with the Sensex's modest gain of 1.77%, although it has underperformed over the longer term with a 6.71% decline over the past month. In the broader market context, while Onward Technologies has shown positive short-term returns, its year-to-date performance of 1.70% lags behind the Sensex's 4.67% gain. The IT - Software sector has also seen a rise of 2.14%, contributing to a favorable environment for the stock. Furthermore, rising investor participation, evidenced by a 46.2% increase in delivery volume, suggests growing interest in the stock, which may be driving its recent price increase. However, the stock's longer-term performance remains a concern, as it has declined by 20.12% over the past year, indicating potential volatility and uncertainty in its future trajectory.