Why is Prostarm Info falling/rising?

As of 22-Jul, Prostarm Info Systems Ltd is experiencing a decline in its stock price, currently at Rs 218.65, which reflects a decrease of Rs 9.85 or 4.31%. The stock has underperformed its sector by 2.97% today and has seen a trend reversal after three consecutive days of gains. It touched an intraday low of Rs 214.9, indicating a drop of 5.95%. Despite this decline, the stock has shown strong performance over the past week and month, with returns of 11.44% and 66.65%, respectively. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally positive trend prior to today's downturn. There is also a notable increase in investor participation, with delivery volume rising by 50.6% against the 5-day average, indicating ongoing interest despite the current price drop.
In the broader market context, the Sensex has shown a slight decline of 0.47% over the past week and 0.27% over the past month, which suggests that the overall market sentiment may be contributing to the stock's current performance. While Prostarm Info's recent returns have outpaced the benchmark significantly in the short term, the current price movement reflects a correction after a period of strong gains. The liquidity of the stock remains adequate for trading, which may help stabilize its price in the near term. Overall, while the stock has been performing well recently, the combination of a trend reversal and broader market conditions appears to be influencing its current decline.