Why is Ecos (India) falling/rising?

As of 30-Jun, Ecos (India) Mobility & Hospitality Ltd is experiencing a price increase, currently at Rs 309.70, reflecting a rise of 2.4 (0.78%). The stock has shown strong performance recently, with a 1-week return of +4.35% and a 1-month return of +8.78%, significantly outperforming the Sensex, which has returned +2.09% and +2.65% over the same periods, respectively. Today's price summary indicates that the stock reached an intraday high of Rs 316.65, and it is trading above all key moving averages, suggesting a bullish trend. However, there has been a decline in investor participation, with delivery volume falling by 25.43% compared to the 5-day average, which could indicate a potential concern for future momentum.
In terms of company fundamentals, Ecos (India) showcases high management efficiency with a return on equity (ROE) of 30.73% and a low debt-to-equity ratio, which supports its financial stability. The company has demonstrated impressive growth, with net sales increasing at an annual rate of 63.50% and operating profit at 102.30%. Despite these positive indicators, the stock has generated a return of 0.00% over the past year, and profits have declined by 5%, which may temper investor enthusiasm. Overall, while the stock is currently rising due to strong short-term performance and solid fundamentals, the drop in investor participation and recent profit declines could pose challenges moving forward.