Why is Ekansh Concept falling/rising?

As of 05-Sep, Ekansh Concepts Ltd is currently priced at 269.00, reflecting a rise of 1.0 (0.37%). The stock has shown a positive movement today, gaining for the last two days with a total return of 0.54%. However, it opened with a loss of 2% and reached an intraday low of Rs 262.65. Despite this initial dip, the stock has outperformed its sector by 1.58%. In terms of longer-term performance, the stock has seen significant gains, with a year-to-date increase of 84.25% and a remarkable 229.98% rise over the past year. Notably, there has been a rise in investor participation, with delivery volume increasing by 47.52% compared to the 5-day average, indicating growing interest in the stock.
Broader Market Context: In the short term, the stock has underperformed compared to the Sensex, which has gained 1.13% over the past week while Ekansh Concepts Ltd has declined by 1.10%. This contrast highlights the stock's recent struggles despite its strong long-term performance, which has outpaced the benchmark significantly over the past three years and five years. The liquidity of the stock remains adequate, allowing for trading without significant issues, which may help stabilize its price in the face of broader market movements.