Why is SGN Telecoms falling/rising?

As of 27-Oct, SGN Telecoms Ltd is experiencing a price increase, with its current price at 0.84, reflecting a change of 0.04 or 5.0% upward. The stock has been on a positive trajectory, gaining for the last six days and achieving a total return of 20% during this period. Additionally, SGN Telecoms has outperformed its sector by 4.9% today. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 27.19% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's movement.
Broader market context shows that SGN Telecoms has significantly outperformed the benchmark Sensex over the past week, with a return of 13.51% compared to the Sensex's 0.49%. Over the past month, SGN Telecoms has also outperformed the benchmark, achieving a return of 21.74% against the Sensex's 5.41%. This strong performance relative to the broader market suggests that investor sentiment towards SGN Telecoms is positive, contributing to its rising stock price.