Why is EPL Ltd falling/rising?

As of 06-Aug, EPL Ltd's stock price is currently at 224.85, reflecting an increase of 5.7, or 2.6%. Today's performance indicates a positive trend as the stock has outperformed its sector by 4.79% and has gained after two consecutive days of decline. It opened with a gap up of 2.51% and reached an intraday high of Rs 237.8, marking an increase of 8.51%. However, despite this upward movement, the stock has seen a decline of 5.03% over the past month and a year-to-date drop of 13.40%. Additionally, there has been a significant decrease in investor participation, with delivery volume falling by 38.56% compared to the five-day average, which may indicate waning interest among investors.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has gained 0.02% over the past week while the Sensex has declined by 1.15%. This suggests that EPL Ltd is showing relative strength compared to the overall market. However, over a longer timeframe, the stock has underperformed the benchmark, with a year-to-date decline of 13.40% compared to the Sensex's increase of 3.08%. The mixed performance across different timeframes highlights the volatility and challenges faced by EPL Ltd, despite today's positive movement.