Why is Ent.Network falling/rising?

As of 19-Aug, Entertainment Network (India) Ltd is experiencing a price increase, currently at Rs 166.85, reflecting a rise of Rs 4.8 or 2.96%. The stock has shown a positive performance today, outperforming its sector by 1.64%. It reached an intraday high of Rs 167.1, indicating strong upward momentum, although it also touched a low of Rs 156.75 earlier in the day. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bullish trend. However, there has been a notable decline in investor participation, with delivery volume falling by 47.42% compared to the 5-day average, which could indicate a lack of sustained interest despite the price increase. Unfortunately, there is no information available regarding positive or negative factors that could further clarify the stock's recent movement.
In the broader market context, the stock's performance over the past week shows a return of +1.27%, which is lower than the benchmark Sensex's return of +1.76%. Over the past month, however, Entertainment Network has outperformed the Sensex significantly with a return of +12.81% compared to the benchmark's slight decline of -0.14%. Despite the recent price increase, the year-to-date performance remains negative at -6.50%, contrasting with the Sensex's positive return of +4.49%. This indicates that while the stock is currently rising, it has faced challenges over a longer time frame relative to the broader market.