Why is Epic Energy falling/rising?

As of 12-Nov, Epic Energy Ltd's stock price is rising, currently at Rs 46.89, reflecting a change of 4.26 or 9.99% upward. The stock has shown a positive trend today, outperforming its sector by 9.26% and reversing a two-day decline. It opened with a significant gain of 9.99% and reached an intraday high of Rs 46.89. However, despite this short-term gain, the stock has a concerning long-term outlook, with a weak return on equity of 4.37% and poor growth in operating profit over the last five years. The stock has underperformed significantly over the past year, generating a return of -51.23%, which contrasts sharply with a 41% increase in profits during the same period.
In the broader market context, Epic Energy's recent performance stands out against the benchmark, as it has gained 9.00% over the past week while the Sensex has only increased by 1.21%. Despite this short-term outperformance, the stock's year-to-date performance remains troubling, with a decline of 59.79% compared to the Sensex's 8.10% increase. The stock's liquidity is adequate for trading, but the falling investor participation, indicated by a 27.18% drop in delivery volume, raises concerns about sustained interest. Overall, while the stock is experiencing a temporary rise, its long-term fundamentals and recent performance suggest significant challenges ahead.