Why is Prostarm Info falling/rising?

As of 27-Jun, Prostarm Info Systems Ltd is experiencing a price increase, currently at Rs. 141.95, reflecting a rise of Rs. 6.6 or 4.88%. The stock has recently hit a new 52-week and all-time high of Rs. 144.9 today, indicating strong upward momentum. Over the past week, the stock has outperformed the sector by 4.77% and has gained 8.11% over the last three days. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend. However, there has been a decline in investor participation, with delivery volume falling by 21.13% compared to the 5-day average, which may indicate some caution among investors.
In the broader market context, Prostarm's 1-week return of 8.19% significantly outpaces the Sensex's return of 2.00% over the same period, highlighting its strong performance relative to the benchmark. While the stock shows positive momentum, the decrease in delivery volume could be a concern for future price stability. Overall, the stock's recent gains can be attributed to its strong performance metrics, but the drop in investor participation may warrant close monitoring.