Why is Safa Systems falling/rising?

As of 05-Jun, Safa Systems & Technologies Ltd is currently priced at Rs. 41.90, showing no change (0.00%). The stock has recently hit a new 52-week and all-time high of Rs. 41.90 today, reflecting a strong upward movement of 4.75% since the previous day. Over the past week, the stock has outperformed the sector by 5.72% and has demonstrated impressive returns, with a year-to-date increase of 208.09% and a one-year return of 217.42%. However, there are signs of erratic trading, as the stock did not trade on 5 out of the last 20 days, and there has been a significant decline in delivery volume, which fell by 74.68% against the 5-day average.
In the broader market context, the Sensex has shown a slight decline of 0.23% over the past week, while Safa Systems has experienced a notable increase, indicating that the stock is performing well relative to the benchmark. The stock's strong performance is further supported by its trading above all key moving averages, suggesting bullish momentum. Despite the falling investor participation, the liquidity remains adequate for trading, which may help sustain its current price level. Overall, the combination of strong returns, recent highs, and relative outperformance against the benchmark contributes to the stock's rising trend.