Why is Ecos (India) falling/rising?

As of 29-Jul, Ecos (India) Mobility & Hospitality Ltd is experiencing a price increase, currently at Rs 318.05, which reflects a rise of 3.8 or 1.21%. Today's price summary indicates that the stock has outperformed its sector by 2.59% and has shown a trend reversal after three consecutive days of decline. The stock reached an intraday high of Rs 322.15, although it also touched a low of Rs 307.5 during the day. Over the past week, the stock has seen a decline of 7.27%, but it has performed positively over the past month with a gain of 3.50%. The company boasts a high management efficiency with a return on equity (ROE) of 30.73% and a low debt-to-equity ratio, which supports its healthy long-term growth, as evidenced by significant increases in net sales and operating profit.
Broader market context shows that while Ecos has outperformed its sector today, it has underperformed compared to the benchmark Sensex over the past week, which declined by 1.03%. However, on a year-to-date basis, Ecos has outperformed the Sensex, with a return of 13.08% compared to the benchmark's 4.09%. Despite a recent drop in investor participation, indicated by a significant decrease in delivery volume, the stock's strong fundamentals, including a fair valuation and positive quarterly results, contribute to its rising price. Overall, the combination of a recent trend reversal, solid management efficiency, and healthy growth prospects are driving the stock's upward movement.