Why is Sigma Solve falling/rising?

As of 03-Sep, Sigma Solve Ltd's stock price is currently at 436.65, reflecting an increase of 5.75 or 1.33%. The stock has recently reached a new 52-week high of Rs. 445 and has outperformed its sector by 1.88%. Over the past three days, Sigma Solve has shown a consecutive gain, rising 8.62%, and opened today with a gain of 3.27%. The stock's performance over the past week and month has been strong, with returns of +5.23% and +16.16%, respectively, while it has generated a 10.31% return over the past year, significantly outperforming the broader market, which has seen negative returns. The company's high management efficiency, indicated by a return on equity (ROE) of 46.01%, and a low debt-to-equity ratio contribute positively to its valuation and investor confidence.
Broader Market Context: In comparison to the benchmark, Sigma Solve's short-term performance has been notably strong, with a 1-week return of +5.23% against the Sensex's -0.27%. This divergence highlights the stock's resilience in a challenging market environment, where the broader BSE500 index has generated negative returns of -4.38% over the past year. Despite some risks, such as poor long-term growth indicated by a low operating profit growth rate of 2.60% over the last five years, the stock's recent upward movement can be attributed to its strong financial metrics and rising investor participation, which have bolstered its liquidity and attractiveness to investors.