Why is Softtech Enginee falling/rising?

As of 20-Jun, Softtech Engineers Ltd is experiencing a price increase, currently at 375.15, reflecting a rise of 27.3 or 7.85%. The stock has shown strong performance today, outperforming its sector by 7.19% and achieving a consecutive gain over the last two days, with a total return of 17.45% in this period. It reached an intraday high of Rs 394.5, indicating significant upward momentum. Additionally, the stock has demonstrated positive returns over the past week and month, with increases of 11.99% and 5.68%, respectively, although it remains down 29.22% year-to-date. The delivery volume has surged by 917.36% compared to the 5-day average, suggesting rising investor participation, which is a positive factor contributing to the stock's recent upward movement.
In the broader market context, Softtech Engineers Ltd has significantly outperformed the Sensex in the short term, with a 1-week return of 11.99% compared to the benchmark's 1.59%. This strong performance indicates that the stock is gaining traction among investors despite its year-to-date decline. The stock's liquidity is also favorable, allowing for sufficient trading activity, which supports its price rise. While there are no specific positive or negative factors detailed in the provided data, the overall trends in trading volume and recent price movements suggest a positive sentiment surrounding the stock.