Why is Esconet falling/rising?

As of 24-Sep, Esconet Technologies Ltd is experiencing a price increase, currently at 229.30, reflecting a rise of 10.9 or 4.99%. The stock has shown strong performance today, outperforming its sector by 5.65%. Additionally, the stock's delivery volume has increased by 27.49% compared to the 5-day average, indicating rising investor participation. Over the past week, the stock has gained 11.85%, while its performance over the last month has been even more impressive at 23.78%. However, it is important to note that the stock is down 33.45% year-to-date and has seen a significant decline of 55.41% over the past year, suggesting a challenging longer-term trend.
In the broader market context, the Sensex has declined by 1.08% over the past week, while Esconet's strong weekly performance indicates a divergence from the overall market trend. Despite the stock's recent gains, it remains below its 200-day moving average, which may suggest potential resistance ahead. The stock's liquidity is adequate for trading, as it represents 2% of the 5-day average traded value. Overall, while Esconet Technologies Ltd is currently rising, its long-term performance remains concerning compared to the benchmark, which has shown a modest gain of 5.97% year-to-date.