Why is Reliable Data falling/rising?

As of 11-Nov, Reliable Data Services Ltd is experiencing a price increase, currently at Rs 157.75, reflecting a rise of 7.5 (4.99%). The stock has shown strong performance, gaining 15.99% over the past week and 37.47% over the past month, significantly outperforming the Sensex, which has only increased by 0.49% and 1.66% in the same periods, respectively. The stock has been on a consecutive gain streak for the last four days, and today it opened with a gain of 4.99%. It is also trading above all key moving averages, indicating a strong upward trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 547.7% against the five-day average, suggesting heightened interest and confidence in the stock.
Broader Market Context: The stock's impressive year-to-date return of 122.06% compared to the Sensex's 7.34% indicates that Reliable Data Services Ltd is significantly outperforming the broader market. This strong performance is likely contributing to positive investor sentiment, further driving the stock's price upward. The stock's proximity to its 52-week high, being only 3.65% away, also suggests that investors are optimistic about its potential to reach new highs, reinforcing the upward momentum in the context of a generally stable market environment.