Why is Eco Recyc. falling/rising?

As of 14-Nov, Eco Recycling Ltd's stock price is currently at 559.35, reflecting an increase of 44.25, or 8.59%. The stock has shown a trend reversal by gaining after two consecutive days of decline, opening with a gain of 2.86% today. It reached an intraday high of Rs 565.55, marking a 9.79% increase. Despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Notably, investor participation has surged, with delivery volume increasing by 843.59% compared to the 5-day average. However, the stock has underperformed in the longer term, with a year-to-date decline of 42.39% compared to a 8.22% increase in the Sensex.
Broader market context indicates that while Eco Recycling Ltd has outperformed its sector today by 7.72%, it has struggled in the short term, with a 1-week decline of 5.35% versus a 1.62% gain in the Sensex. This suggests that while the stock is experiencing a temporary rebound, it is still facing challenges in the broader market environment. The significant increase in delivery volume indicates rising investor interest, which may be contributing to the current price rise, but the overall long-term performance remains a concern as reflected in its substantial year-to-date losses compared to the benchmark.