Why is Unicommerce falling/rising?

As of 22-Sep, Unicommerce eSolutions Ltd is experiencing a price increase, currently at Rs 150.00, reflecting a rise of Rs 8.3 or 5.86%. Today's performance indicates that the stock has outperformed its sector by 8.47%, reaching an intraday high of Rs 153.05. The stock has shown positive momentum, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the company has demonstrated strong financial health with a high return on equity (ROE) of 27.92%, a low debt-to-equity ratio, and consistent growth in operating profit at an annual rate of 98.52%. Positive results over the last four quarters, including a 32.23% growth in profit after tax and a 33.3% increase in net sales, further support the stock's upward movement.
In the broader market context, Unicommerce's short-term return of 3.91% over the past week significantly outpaces the Sensex, which has only increased by 0.46% during the same period. While the IT - Software sector has seen a decline of 2.6%, the rising investor participation, evidenced by a 55.67% increase in delivery volume, suggests a growing interest in Unicommerce despite the sector's overall downturn. This combination of strong company performance and favorable investor sentiment contributes to the stock's rising price amidst a challenging market environment.