Why is Ecos (India) falling/rising?

As of 07-Aug, Ecos (India) Mobility & Hospitality Ltd is experiencing a price increase, currently at Rs 299.85, reflecting a rise of 10.45 or 3.61%. Today's price summary indicates that the stock has outperformed its sector by 1.48% and has gained after two consecutive days of decline. The stock reached an intraday high of Rs 299.85, and while it is currently above the 100-day and 200-day moving averages, it remains below the 5-day, 20-day, and 50-day moving averages. The stock's performance over the past month shows a modest increase of 0.62%, contrasting with a decline of 2.38% over the past week. However, there has been a significant drop in investor participation, with delivery volume falling by 60.01% against the 5-day average, which may indicate a cautious sentiment among investors.
Broader market context reveals that while the stock has shown a year-to-date return of 6.61%, outperforming the Sensex's 3.18%, it has underperformed the benchmark over the past week. The travel services sector, to which Ecos belongs, has gained by 2.13%, suggesting a positive trend within the industry that may be contributing to the stock's rise. Despite the recent increase in price, the decline in delivery volume could signal potential volatility ahead, as liquidity remains adequate for trading. Overall, the stock's upward movement today appears to be influenced by sector performance and a trend reversal, despite the recent drop in investor engagement.