Why is Epic Energy falling/rising?

As of 26-Jun, Epic Energy Ltd's stock price is currently at Rs 53.68, reflecting an increase of Rs 2.68 or 5.25%. Today's price movement indicates a trend reversal as the stock has gained after three consecutive days of decline. Despite opening with a loss of 4.75%, it reached an intraday high of Rs 53.68. The stock has underperformed in the short term, with a 1-week decline of 6.81% and a 1-month drop of 22.96%. However, it has shown strong performance over the past year, generating a return of 261.24%. Positive quarterly results, including the highest PBDIT and PAT figures, contribute to the stock's recent upward movement, although concerns about weak long-term fundamentals and a high valuation persist.
In the broader market context, Epic Energy's recent performance contrasts sharply with the benchmark Sensex, which has gained 2.94% over the past week. The stock's significant decline in the short term, coupled with its strong long-term performance, highlights a volatile trading environment. While the stock has outperformed its sector today, the overall trend remains concerning due to its weak long-term growth prospects and poor financial ratios. The increase in investor participation, as evidenced by a 106.42% rise in delivery volume, may indicate renewed interest, but the stock's liquidity and trading below key moving averages suggest caution among investors.