Why is Endurance Tech falling/rising?

As of 14-Aug, Endurance Technologies Ltd. is experiencing a price increase, currently at 2,613.00, with a change of 74.6 (2.94%) upward. The stock has shown strong performance today, outperforming its sector by 2.6% and has gained 4.24% over the last two days. It opened with a significant gain of 4.95% and reached an intraday high of Rs 2,663.95. Over the past week, the stock has increased by 3.69%, while its year-to-date return stands at 21.28%. The company benefits from a low debt-to-equity ratio and strong long-term fundamentals, with a return on equity of 14.5% and a fair valuation compared to peers. However, there is a noted decline in investor participation, with delivery volume falling by 31.49% against the 5-day average.
In the broader market context, while Endurance Technologies has shown positive short-term returns, the benchmark Sensex has remained relatively flat, with a change of -0.03% over the past week. This indicates that the stock is outperforming the market, which may attract further investor interest. The company has consistently generated returns over the last three years, outperforming the BSE500 in each of the last three annual periods, which adds to its appeal among institutional investors, who hold 23.08% of the stock. Despite a flat result in June, the overall positive sentiment and strong fundamentals appear to be driving the stock's recent upward movement.