Why is Ecos (India) falling/rising?

As of 10-Jun, Ecos (India) Mobility & Hospitality Ltd is experiencing a price increase, currently at Rs 319.85, reflecting a rise of Rs 19.4 or 6.46%. The stock has shown strong performance recently, gaining 12.62% over the last three days and outperforming its sector by 4.66% today. It has also touched an intraday high of Rs 330, indicating significant investor interest. The stock has demonstrated impressive returns over various periods, including a 68.34% increase over the past month, which is substantially higher than the Sensex's 3.70% gain during the same timeframe. Additionally, the stock is trading above all its moving averages, suggesting a strong upward trend. There is a notable increase in investor participation, with delivery volume rising by 168.25% against the five-day average, indicating heightened interest and confidence among investors.
In the broader market context, Ecos (India) has significantly outperformed the benchmark Sensex, which has only increased by 2.05% over the past week compared to the stock's 14.46% gain. This trend of outperformance is consistent, as the stock has also surpassed the benchmark's year-to-date return of 5.44% with its own return of 13.72%. The liquidity of the stock is adequate, allowing for trades of a reasonable size, which further supports its rising price. Overall, the combination of strong recent performance, increased investor participation, and favorable trading conditions contributes to the stock's upward movement.