Why is Ecos (India) falling/rising?

As of 25-Jun, Ecos (India) Mobility & Hospitality Ltd is experiencing a price increase, currently at Rs 304.10, reflecting a rise of Rs 9.55 or 3.24%. Today's price summary indicates that the stock reached an intraday high of Rs 314.1, which is a 6.64% increase. However, it underperformed its sector by 1.52%. The stock has shown strong performance over the past week and month, with returns of 9.29% and 11.62%, respectively. The company has demonstrated high management efficiency with a return on equity (ROE) of 30.73% and a low debt-to-equity ratio, contributing to its healthy long-term growth. Despite a recent decline in profits, the stock's valuation remains fair, which may support investor confidence.
Broader market context shows that while Ecos (India) has outperformed the Sensex over the past week and month, gaining 9.29% compared to the Sensex's 1.61% and 1.27%, respectively, it is essential to note that the stock's performance is still influenced by broader market trends. The travel services sector has gained by 4.76%, indicating a positive environment for stocks in this industry. Additionally, the rising investor participation, with a notable increase in delivery volume, suggests growing interest in the stock, which may further bolster its price movement in the near term.