Why is Prostarm Info falling/rising?

As of 07-Jul, Prostarm Info Systems Ltd is experiencing a price increase, currently at Rs 156.05, which reflects a rise of Rs 3.7 or 2.43%. The stock has shown strong performance recently, gaining 8.03% over the last two days and outperforming its sector by 3.27% today. It is also close to its 52-week high, just 1.67% away from Rs 158.65. Despite a recent decline in investor participation, with delivery volume falling by 35.85% against the 5-day average, the stock is trading above its moving averages across various time frames, indicating a bullish trend.
In the broader market context, Prostarm Info's 1-week return of +9.36% significantly outpaces the Sensex, which has seen a slight decline of -0.20% during the same period. This strong performance suggests that the stock is gaining traction independently of broader market movements. While the Sensex has only increased by 1.53% over the past month, Prostarm Info has surged by 38.53%, highlighting its relative strength in the current market environment.