Why is EKI Energy falling/rising?

As of 19-Nov, EKI Energy Services Ltd is experiencing a price increase, currently at Rs 107.90, which reflects a rise of Rs 6.45 or 6.36%. The stock has shown a trend reversal today, gaining after four consecutive days of decline. It reached an intraday high of Rs 109.8, indicating a strong performance today, outperforming its sector by 6.38%. Despite this positive movement, the stock has underperformed significantly over longer periods, with a year-to-date decline of 58.19% and a one-year decline of 50.55%. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 87.24% compared to the five-day average, suggesting renewed interest in the stock.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has gained 0.85% over the past week and 9.02% year-to-date. While EKI Energy has shown a slight positive return of 1.70% over the past month, its overall performance remains weak compared to the benchmark's consistent growth. The stock is currently trading below its moving averages across various time frames, indicating a bearish trend in the longer term. However, the recent uptick in price and increased trading volume may suggest a potential shift in market sentiment, even as the stock continues to face challenges.