Why is Quadrant Future falling/rising?

As of 16-Jul, Quadrant Future Tek Ltd is experiencing a price increase, currently at 508.05, which reflects a rise of 19.4 or 3.97%. The stock has shown strong performance today, outperforming its sector by 4.75% and achieving consecutive gains over the last two days with an overall return of 8.55% during this period. Additionally, the stock reached an intraday high of Rs 523, indicating significant upward momentum. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 549.07% against the 5-day average, which indicates heightened interest and confidence in the stock.
In the broader market context, Quadrant Future's performance over the past week shows a return of +9.78%, contrasting sharply with the Sensex, which has declined by 1.08% during the same period. This significant outperformance highlights the stock's strength relative to the market. While the 1-month return for Quadrant Future is +7.12%, the Sensex has only increased by 1.02%, further emphasizing the stock's positive trajectory. Overall, the combination of strong price movements, increased trading volume, and favorable comparisons to the benchmark suggests that Quadrant Future Tek Ltd is currently benefiting from positive market sentiment and investor interest.