Why is Empower India falling/rising?

As of 08-Oct, Empower India Ltd's stock price is currently at 2.13, reflecting an increase of 0.1 or 4.93%. The stock has been gaining momentum, having risen consecutively for the last two days, resulting in a total return of 9.79% during this period. Additionally, the stock has significantly outperformed its sector by 5.88%. In terms of longer-term performance, the stock has shown a remarkable increase of 1320.00% over the past five years, although it has experienced a slight decline of 3.18% over the past year. The delivery volume on October 7 has also surged by 1479.77% compared to the five-day average, indicating rising investor participation, which is a positive factor contributing to the stock's upward movement.
In the broader market context, the stock's performance over the past week shows a decline of 0.47%, while the benchmark Sensex has increased by 0.98%. However, over the past month, Empower India Ltd has outperformed the Sensex with a return of 73.17% compared to the benchmark's 1.22%. This indicates that while the stock may be experiencing some short-term volatility, its long-term trajectory remains strong, especially in comparison to the benchmark. The liquidity of the stock is also favorable, as it is liquid enough for trades of Rs 0.01 crore based on 2% of the five-day average traded value. Overall, the combination of strong recent performance, increased investor interest, and favorable liquidity conditions supports the stock's rising price.