Why is EKI Energy falling/rising?

As of 11-Aug, EKI Energy Services Ltd is currently priced at 115.20, reflecting an increase of 1.25 or 1.1%. The stock has been gaining for the last two days, with a total return of 1.5% during this period. Despite this recent uptick, the stock has experienced significant declines over longer periods, with a year-to-date drop of 55.37% and a staggering 93.13% decrease over the last three years. Today's trading saw the stock reach an intraday high of Rs 116.7, although it is trading below several moving averages, indicating mixed momentum. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 27.67% compared to the five-day average, which may suggest waning interest among investors.
In the broader market context, EKI Energy's short-term performance contrasts sharply with the benchmark Sensex, which has only declined by 0.51% over the past week. This indicates that while the stock has seen a slight rebound recently, it is still underperforming relative to the overall market trend. The stock's year-to-date performance of -55.37% compared to the Sensex's positive return of 3.15% further highlights its struggles. Overall, while there has been a recent rise in price, the significant long-term declines and reduced trading activity suggest that investor confidence remains low.