Why is Escorp Asset Mgt falling/rising?

As of 05-Sep, Escorp Asset Management Ltd's stock price is currently at Rs 113.95, reflecting an increase of Rs 1.2 or 1.06%. The stock has shown a trend reversal today, gaining after three consecutive days of decline. Despite opening with a loss of 4.97%, it reached an intraday high of Rs 118.35, indicating some recovery within the trading day. However, the stock has experienced a significant drop in delivery volume, down by 94.91% compared to the 5-day average, which suggests falling investor participation. Over the past month, the stock has performed well, with a return of 16.31%, and year-to-date, it has surged by 86.50%, significantly outperforming the Sensex, which has only gained 3.29% in the same period.
In the broader market context, while Escorp Asset Management Ltd has shown strong performance over the longer term, its recent short-term return of -8.97% over the past week contrasts sharply with the Sensex's gain of 1.13%. This indicates that while the stock has been volatile recently, it has still managed to outperform the benchmark over the longer term. The wide trading range today, along with the stock's position above longer-term moving averages, suggests that there may be potential for recovery, although the sharp decline in investor participation could pose challenges for sustained upward movement.