Why is Epic Energy falling/rising?

As of 04-Jul, Epic Energy Ltd's stock price is currently at 65.19, reflecting a decrease of 1.33 or 2.0%. Today's price summary indicates that the stock has underperformed its sector by 2.65% and has experienced a trend reversal after six consecutive days of gains. Although it opened with a gain of 2% and reached an intraday high of Rs 67.85, it ultimately fell to its current price, which is also the day's low. Over the past week, the stock has shown a strong performance with a return of +15.67%, but it has declined by 6.90% over the past month. Despite generating impressive returns of 290.36% over the past year, the stock's long-term fundamentals are weak, with a low return on equity of 4.37% and a concerning EBIT to Interest ratio of -0.07, which may contribute to investor caution.
In the broader market context, while the Sensex has gained 3.01% over the past month, Epic Energy's recent decline contrasts sharply with its strong long-term performance, where it has outperformed the BSE500 over the last three years. The stock's liquidity appears sufficient for trading, with a notable increase in delivery volume, suggesting rising investor participation. However, the stock's valuation is considered expensive relative to its peers, which may deter new investments despite its historical performance. Overall, the combination of short-term underperformance and long-term fundamental concerns likely explains the current downward movement in Epic Energy's stock price.