Why is Elantas Beck falling/rising?

As of 06-Nov, Elantas Beck India Ltd's stock price is currently at 10,000.00, reflecting an increase of 119.05, or 1.2%. The stock has been gaining momentum, having outperformed its sector by 2.18% today and achieving a consecutive gain over the last three days, with a total return of 4.17% during this period. It opened with a gain of 2.22% and reached an intraday high of Rs 10,355, which is a 4.8% increase. Additionally, the stock's delivery volume has seen a significant rise of 99.1% compared to the 5-day average, indicating increased investor participation. However, the stock's performance over the longer term shows a decline of 21.88% year-to-date and 29.32% over the past year, despite a strong 3-year return of 140.72%.
In the broader market context, the stock's short-term performance of +3.87% over the past week stands in stark contrast to the Sensex, which has declined by 1.30% during the same period. This indicates that Elantas Beck is currently gaining traction while the overall market is experiencing a downturn. The stock's liquidity is also favorable, as it is liquid enough for trade sizes of Rs 0.01 crore, which may contribute to its recent price movements. Overall, while the stock is experiencing a positive short-term trend, its long-term performance remains under pressure compared to the benchmark.