Why is Ecos (India) falling/rising?

As of 01-Jul, Ecos (India) Mobility & Hospitality Ltd is experiencing a rise in its stock price, currently at Rs 316.05, reflecting an increase of 6.35 or 2.05%. The stock has outperformed its sector today by 3.38% and has shown consecutive gains over the last two days, with a total return of 2.85% during this period. Additionally, the stock has touched an intraday high of Rs 324, indicating strong buying interest. Over the past week, Ecos has delivered a return of 7.30%, significantly higher than the Sensex's 2.00%, and has also outperformed the benchmark over the past month and year-to-date, with returns of 11.01% and 12.37%, respectively. However, it is noteworthy that the delivery volume has decreased by 28.76% compared to the 5-day average, suggesting a decline in investor participation.
In the broader market context, Ecos (India) has shown robust performance relative to the Sensex, particularly in the short term, where it has outpaced the benchmark significantly. The company benefits from high management efficiency, evidenced by a return on equity (ROE) of 30.73%, and a low debt-to-equity ratio, which supports its financial stability. Furthermore, the company has demonstrated strong long-term growth, with net sales increasing at an annual rate of 63.50% and operating profit at 102.30%. Despite a flat return over the past year and a slight decline in profits, the positive financial metrics and fair valuation contribute to the stock's upward momentum.