Why is EKI Energy falling/rising?

As of 17-Sep, EKI Energy Services Ltd is experiencing a decline in its stock price, currently at Rs 117.00, which reflects a decrease of Rs 1.3 or 1.1%. Despite opening the day with a gain of 2.28% and reaching an intraday high of Rs 121.9, the stock has underperformed its sector by 1.47%. Over the past week, the stock has shown a positive return of 1.74%, and over the past month, it has increased by 7.69%. However, year-to-date, the stock is down significantly by 54.67%, and over the past year, it has decreased by 63.70%. The recent rise in investor participation, with delivery volume increasing by 204.22% against the 5-day average, indicates a growing interest, but the stock remains below several key moving averages, suggesting ongoing challenges.
In the broader market context, EKI Energy's short-term performance of +1.74% over the past week slightly outpaces the Sensex, which has returned +1.56% in the same period. However, the stark contrast in year-to-date performance, with EKI Energy down 54.67% compared to the Sensex's gain of 5.83%, highlights significant underperformance relative to the market. This divergence suggests that while there may be some short-term positive momentum, the overall trend for EKI Energy remains negative, reflecting broader challenges faced by the company.