Why is Reliable Data falling/rising?

As of 04-Sep, Reliable Data Services Ltd is experiencing a price increase, currently at Rs 147.20, which reflects a rise of 7.0 or 4.99%. Today's price summary indicates that the stock has outperformed its sector by 5.79% and has shown a trend reversal after three consecutive days of decline. Despite opening with a loss of 4.99%, the stock reached an intraday high of Rs 147.20. Over the past month, the stock has significantly outperformed the benchmark, with a return of 94.55% compared to the Sensex's -0.37%. The company's strong financial performance, including a 92.82% growth in net sales and a 46.15% return over the past year, contributes positively to its recent price movement.
Broader market context shows that while the stock has been volatile, with an intraday volatility of 7.09%, it has still managed to generate substantial returns compared to the broader market, which has seen negative returns of -4.38% over the last year. The stock's performance is further supported by its attractive valuation metrics, such as a low PEG ratio of 0.1 and a high return on capital employed (ROCE) of 23.02%. However, it is important to note that investor participation has decreased significantly, with delivery volume falling by 98.88% against the 5-day average, which could impact future price movements.