Why is Sigma Solve falling/rising?

As of 31-Oct, Sigma Solve Ltd's stock price is currently at Rs 55.10, reflecting an increase of Rs 2.6, or 4.95%. The stock has shown strong performance today, outperforming its sector by 5.19% and has been on a gaining streak for the last three days, accumulating a total return of 5.76% during this period. Additionally, the stock opened with a gain of 4.29% today and reached an intraday high of Rs 55.10. In terms of longer-term performance, Sigma Solve has delivered a year-to-date return of 70.40% and a one-year return of 55.34%, significantly outperforming the Sensex, which has only increased by 7.42% and 5.73% respectively. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 47.96% against the 5-day average, which could indicate a potential concern for future price stability.
Broader Market Context: In the short term, Sigma Solve's stock has outperformed the Sensex, with a weekly return of 5.35% compared to the benchmark's decline of 0.32%. This suggests that the stock's recent upward movement is not only a result of its own performance but also reflects a divergence from broader market trends. While Sigma Solve has shown impressive gains, the overall market context, indicated by the Sensex's performance, suggests that the stock's rise may be more pronounced in a challenging market environment, highlighting its relative strength.