Why is Sonata Software falling/rising?

As of 15-Jul, Sonata Software Ltd. is experiencing a price increase, currently at 437.00, reflecting a rise of 4.0 (0.92%). The stock has shown positive performance today, outperforming its sector by 0.54% and has gained consecutively over the last two days, with a total return of 1.62% during this period. Despite a recent decline in investor participation, as indicated by a significant drop in delivery volume, the stock remains above its 5-day, 20-day, 50-day, and 100-day moving averages, although it is below the 200-day moving average. The company boasts strong long-term fundamentals, with an average Return on Equity (ROE) of 31.04% and a healthy annual net sales growth rate of 22.10%. Additionally, high institutional holdings at 36.61% suggest confidence from more knowledgeable investors.
In the broader market context, Sonata Software's short-term performance contrasts with the benchmark, as it has outperformed the Sensex over the past month with a return of +6.33% compared to the Sensex's +1.79%. However, the stock has underperformed year-to-date and over the past year, with declines of -27.29% and -36.19%, respectively, while the Sensex has gained 5.67% and 2.36% in those periods. This indicates that while the stock is currently rising, it has faced significant challenges over a longer timeframe, suggesting a mixed outlook influenced by both its recent performance and broader market conditions.