Why is Epic Energy falling/rising?

As of 24-Sep, Epic Energy Ltd's stock price is currently at Rs 47.95, reflecting an increase of Rs 1.3 or 2.79%. The stock has shown a trend reversal today, gaining after three consecutive days of decline. It reached an intraday high of Rs 48.88, which is a 4.78% increase, although it also touched a low of Rs 45.03, indicating some volatility. Despite today's positive movement, the stock has underperformed in the longer term, with a year-to-date decline of 58.88% compared to a 4.58% increase in the Sensex. Additionally, the stock's performance today has outpaced its sector by 5.03%, although there has been a notable decrease in investor participation, with delivery volume falling by 15.16% against the five-day average.
Broader Market Context: In the context of the broader market, Epic Energy's recent performance contrasts with the Sensex, which has shown a slight decline of 1.18% over the past week while the stock itself has dropped by 3.29%. The renewable energy sector, in which Epic Energy operates, has also experienced a downturn, falling by 2.19%. This sector-wide decline, combined with the stock's significant year-to-date losses, suggests that while there may be short-term gains, the overall sentiment remains cautious. The liquidity of the stock appears adequate for trading, but the recent drop in delivery volumes may indicate a lack of sustained investor confidence.