Why is Ramco Systems falling/rising?

As of 17-Nov, Ramco Systems Ltd is experiencing a rise in its stock price, currently at Rs 631.55, reflecting an increase of Rs 25.5 or 4.21%. The stock has shown strong performance today, outperforming its sector by 3.94% and achieving a consecutive gain over the last two days with a total return of 4.55%. It reached an intraday high of Rs 636.45, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has reported significant growth in its operating profit and net sales, with a 132.55% increase in operating profit and a 229.3% growth in profit after tax for the most recent quarter. Additionally, it has consistently delivered positive results over the last three quarters, contributing to its strong performance.
In the broader market context, Ramco Systems has outperformed the benchmark Sensex significantly, with a 5.88% return over the past week compared to the Sensex's 1.69% increase, and a year-to-date return of 50.01% versus the Sensex's 8.72%. This trend of consistent outperformance has been evident over multiple time frames, including a 53.18% return over the last year. However, it is important to note that there has been a decline in investor participation, with delivery volume dropping by 40.6% against the 5-day average, which may indicate a potential concern for future liquidity despite the current positive momentum.