Why is PS IT Infra falling/rising?

As of 09-Sep, PS IT Infrastructure & Services Ltd is experiencing a price increase, with its current price at 1.74, reflecting a change of 0.03 or 1.75% upward. The stock has shown strong performance recently, gaining 40.32% over the last 21 days and outperforming its sector by 3.09% today. In terms of returns, the stock has increased by 9.43% over the past week and 38.10% over the past month, although it remains down 46.30% year-to-date and 66.21% over the past year. The stock's moving averages are higher than the 5-day, 20-day, 50-day, and 100-day averages, indicating a bullish trend, although it is still below the 200-day moving average. There is also rising investor participation, with delivery volume increasing by 50.56% against the 5-day average, suggesting heightened interest in the stock.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 1.18% over the past week and 1.56% over the past month, PS IT Infrastructure & Services Ltd has significantly outperformed, particularly in the short term. The stock's strong recent performance contrasts sharply with its longer-term returns, where it has underperformed the benchmark on a year-to-date and yearly basis. This divergence indicates that while the stock is currently gaining traction, it has faced substantial challenges in the past, reflected in its negative returns over longer periods.