Why is Epic Energy falling/rising?

As of 07-Jul, Epic Energy Ltd's stock price is currently at 63.89, reflecting a decline of 1.3, or 1.99%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 3.95% during this period. Despite a strong performance over the past year with a return of 275.16%, the stock has experienced a significant decline of 10.79% over the last month. Positive financial results reported on March 25, including the highest quarterly PBDIT and PAT, indicate some strength; however, the company's long-term fundamentals are weak, with a low Return on Equity (ROE) of 4.37% and a concerning EBIT to Interest ratio of -0.07, which may contribute to the current price decline.
In the broader market context, the Sensex has shown a slight decline of 0.20% over the past week, while Epic Energy's stock has outperformed the benchmark with a 7.98% increase in the same timeframe. However, the stock's recent performance has been overshadowed by its poor long-term growth prospects and high valuation metrics, which may deter investors. The liquidity of the stock remains adequate, with a notable increase in delivery volume, suggesting some investor interest despite the recent price drop. Overall, while the stock has shown strong long-term returns, the combination of weak fundamentals and recent underperformance relative to its sector may explain the current downward trend.