Why is E2E Networks falling/rising?

As of 26-Sep, E2E Networks Ltd is experiencing a price increase, currently at 3,450.80, reflecting a rise of 130.5 or 3.93%. The stock has shown strong performance today, outperforming its sector by 4.59%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has gained 13.52%, while it has increased by 46.18% over the last month. However, there are concerns regarding falling investor participation, as the delivery volume has decreased by 16.99% compared to the 5-day average. Additionally, while the company has a low Debt to EBITDA ratio of 0.70 times, indicating a strong ability to service debt, it has also faced challenges such as poor long-term growth with an annual operating profit decline of 24.12% over the last five years.
In the broader market context, E2E Networks has significantly outperformed the Sensex, which has declined by 2.65% over the past week. Despite this positive short-term performance, the stock's year-to-date return remains negative at -14.75%, while the Sensex has gained 4.27% in the same period. The company has also reported negative results recently, with a substantial drop in profit before tax and net sales, contributing to concerns about its valuation, which is considered expensive relative to its peers. Furthermore, the increase in pledged promoter shares, now at 60.39%, could exert additional downward pressure on the stock in a falling market, highlighting the mixed signals surrounding its recent price movement.