Why is Universal Office falling/rising?

As of 24-Oct, Universal Office Automation Ltd's stock price is rising, currently at 8.46, with a change of 0.16, reflecting a 1.93% increase. The stock has been performing well, having outperformed its sector by 2.07% today. It has experienced consecutive gains for the last six days, accumulating a total return of 11.32% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Investor participation has also increased significantly, with delivery volume rising by 172.37% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Universal Office Automation Ltd has shown impressive short-term performance, with a 7.09% increase over the past week, significantly outperforming the Sensex, which only rose by 0.31% in the same timeframe. Over the past month, the stock has surged by 31.98%, compared to the Sensex's 3.05% increase, further highlighting its strong momentum relative to the benchmark. Overall, the combination of positive investor sentiment, rising trading volumes, and consistent price gains contributes to the stock's upward trajectory in the market.