Why is Perfect-Octave falling/rising?

As of 27-Oct, Perfect-Octave Media Projects Ltd is experiencing a price increase, with its current price at 4.97, reflecting a change of 0.16 or 3.33% upward. The stock has shown strong performance, outperforming its sector by 4.35% today and has gained consecutively over the last two days, resulting in an 8.28% return during this period. Additionally, the stock has demonstrated impressive returns over various time frames, including a 14.78% increase over the past month and a substantial 180.79% rise over the last three years. However, there has been a notable decline in investor participation, with delivery volume falling by 67.77% against the five-day average, which could indicate a potential concern regarding future momentum.
Broader Market Context: In comparison to the benchmark, the Sensex has shown a modest increase of 0.49% over the past week, while Perfect-Octave's return of 1.64% indicates a stronger performance relative to the market. Over the past month, the stock's return of 14.78% significantly outpaces the Sensex's 5.41%, further highlighting its robust performance in the current market environment. Despite the decline in delivery volume, the stock's ability to maintain trading above its moving averages suggests a positive trend, supported by its overall strong historical performance compared to the benchmark.