Why is Prostarm Info falling/rising?

As of 08-Jul, Prostarm Info Systems Ltd is experiencing a price increase, currently at Rs. 164.30, which reflects a rise of Rs. 8.25 or 5.29%. The stock has recently hit a new 52-week and all-time high of Rs. 168, demonstrating strong performance with a 13.74% gain over the last three days. Additionally, it has outperformed its sector by 5.28%. The stock's returns over the past week and month are notable, with increases of 7.77% and 45.85%, respectively. However, there has been a decline in investor participation, as the delivery volume has fallen by 48.29% compared to the five-day average, which may indicate a potential concern for sustained momentum.
Broader market context shows that while Prostarm Info has significantly outperformed the Sensex in the short term, with a 1-week return of 7.77% compared to the benchmark's negligible increase of 0.02%, the overall market remains relatively stable. The stock's liquidity appears adequate for trading, but the falling delivery volume could suggest caution among investors. Despite this, the stock's consistent performance above its moving averages indicates a strong bullish trend, contributing to its rising price.