Why is Ecos (India) falling/rising?

As of 16-Jul, Ecos (India) Mobility & Hospitality Ltd is experiencing a price increase, currently at 313.30, reflecting a rise of 3.3 or 1.06%. The stock has shown strong performance recently, gaining 6.29% over the past four days and outperforming its sector by 0.33% today. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the company has demonstrated high management efficiency with a return on equity (ROE) of 30.73% and a healthy growth rate in net sales and operating profit. However, it is worth noting that investor participation has declined, with delivery volume falling by 18.07% compared to the 5-day average.
In the broader market context, Ecos (India) has outperformed the Sensex over the past week and month, with returns of 5.84% and 6.38%, respectively, while the Sensex has shown declines and modest gains. This indicates that the stock is gaining traction relative to the overall market. Despite the positive short-term performance, the stock's annual return remains flat at 0.00%, and profits have decreased by 5% over the past year, suggesting that while the stock is currently rising, there are underlying challenges that could affect its long-term trajectory.