Why is Ekansh Concept falling/rising?

As of 24-Sep, Ekansh Concepts Ltd is experiencing a rise in its stock price, currently at Rs 268.80, reflecting an increase of Rs 4.8 or 1.82%. The stock has shown positive momentum, gaining for the last two days with a total return of 1.91% during this period. It has outperformed its sector by 2.48% today and reached an intraday high of Rs 272, which is a 3.03% increase. Despite this upward movement, there has been a significant drop in investor participation, with delivery volume falling by 98.45% compared to the 5-day average. Over the longer term, the stock has demonstrated impressive returns, with a year-to-date increase of 84.11% and a remarkable 123.72% rise over the past year.
In the broader market context, while Ekansh Concepts Ltd has shown resilience and strong performance, the benchmark Sensex has declined by 1.18% over the past week and is up only 4.58% year-to-date. This indicates that the stock is not only performing well relative to its sector but also significantly outpacing the broader market trends over various time frames, including a staggering 966.67% increase over the past three years compared to the Sensex's 40.65%. The stock's ability to maintain its upward trajectory amidst a generally weaker market environment highlights its strong fundamentals and investor confidence, despite the recent decline in trading volume.