Why is Esconet falling/rising?

As of 23-Sep, Esconet Technologies Ltd is experiencing a price increase, with its current price at 218.40, reflecting a rise of 10.4 or 5.0%. The stock has shown strong performance today, outperforming its sector by 5.59%. Additionally, the stock's delivery volume has significantly increased by 285.35% compared to the 5-day average, indicating rising investor participation. In terms of returns, the stock has gained 3.93% over the past week and 17.89% over the past month, contrasting with the Sensex, which has seen a decline of 0.28% and a modest gain of 1.20% respectively. However, it is important to note that the stock is still down 36.61% year-to-date and 57.53% over the past year, suggesting a challenging longer-term performance.
In the broader market context, Esconet's recent short-term gains stand in stark contrast to the Sensex, which has not performed as well in the same timeframe. While Esconet has shown positive momentum in the short term, the overall market conditions reflected by the Sensex indicate a more subdued environment. The stock's liquidity is adequate for trading, based on 2% of the 5-day average traded value, which supports its recent price movements. Overall, the combination of increased investor interest and positive short-term returns against a backdrop of a declining benchmark has contributed to the stock's rising price.