Why is Prostarm Info falling/rising?

As of 01-Jul, Prostarm Info Systems Ltd is experiencing a price increase, currently at Rs. 152.45, reflecting a rise of Rs. 9.75 or 6.83%. The stock has recently hit a new 52-week and all-time high of Rs. 156.35 today, indicating strong upward momentum. Over the past week, the stock has outperformed the sector by 7.93% and has gained 16.11% in the last five days. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust bullish trend. The rising investor participation, with a delivery volume increase of 57.42% against the 5-day average, further supports the stock's positive movement. There is no information available regarding positive or negative factors that could influence the stock's performance.
In the broader market context, Prostarm Info's short-term return of 16.11% over the past week significantly outpaces the Sensex, which has only increased by 2.00% during the same period. This strong performance indicates that investor sentiment towards Prostarm Info is particularly favorable compared to the overall market. The stock's liquidity is also adequate, allowing for trades of substantial size, which may contribute to its rising price. Overall, the combination of strong recent performance, positive trading indicators, and favorable investor sentiment has led to the stock's upward movement.