Why is EFC (I) falling/rising?

As of 08-Jul, EFC (I) Ltd's stock price is currently at 322.15, reflecting an increase of 10.2, or 3.27%. The stock has shown strong performance today, outperforming its sector by 3.96% and achieving a consecutive gain over the last three days, with an overall return of 8.58% during this period. It reached an intraday high of Rs 325.05, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has seen a significant rise in investor participation, with delivery volume increasing by 94.83% compared to the 5-day average. The company has demonstrated healthy long-term growth, with net sales and operating profit showing substantial annual increases, and has reported positive results for the last nine consecutive quarters.
In the broader market context, EFC (I) Ltd has outperformed the benchmark, with a 1-week return of +4.93% compared to the Sensex's +0.02%. While the stock has experienced a slight decline of 2.35% over the past month, its year-to-date return stands at +8.50%, surpassing the Sensex's +7.13%. The stock's performance over the last year has also been impressive, generating a return of 15.05%, significantly higher than the market's return of 4.69%. This strong performance relative to the benchmark indicates that EFC (I) Ltd is maintaining investor confidence and market interest, contributing to its rising stock price.