Why is Reliable Data falling/rising?

As of 07-Nov, Reliable Data Services Ltd is experiencing a price increase, currently at Rs 143.10, reflecting a rise of Rs 6.8 or 4.99%. The stock has shown strong performance today, outperforming its sector by 5.61% and has been on a consecutive gain streak for the last two days, accumulating a total return of 5.22% during this period. Additionally, the stock opened with a significant gain of 4.37% today and reached an intraday high of Rs 143.1. Over the past week, the stock has increased by 2.95%, and over the last month, it has surged by 19.65%. Year-to-date, it has achieved an impressive return of 101.44%. However, it is worth noting that there has been a decline in investor participation, with delivery volume dropping by 28.9% compared to the five-day average.
In the broader market context, the stock's short-term performance has been notably strong compared to the benchmark Sensex, which has declined by 0.86% over the past week. This indicates that Reliable Data Services Ltd is not only gaining traction in its own right but is also outperforming the general market trend. The stock's consistent trading above its moving averages further supports its upward momentum, despite the recent drop in delivery volume suggesting a potential concern regarding investor engagement. Overall, the combination of strong returns and sector outperformance contributes to the stock's rising price.