Why is Euphoria Infotec falling/rising?

As of 23-Jul, Euphoria Infotech (India) Ltd is experiencing a price increase, currently at Rs 58.85, reflecting a rise of 2.8 or 5.0%. Today's trading performance indicates that the stock opened with a gain of 5% and reached an intraday high of Rs 58.85, outperforming its sector by 4.55%. However, the stock has shown erratic trading patterns, having not traded on one day out of the last 20 days, and there is a notable decline in investor participation, with delivery volume falling by 65.52% compared to the 5-day average. In terms of returns, the stock has increased by 35.26% over the past month, but it has underperformed on a year-to-date basis with a decline of 1.92%.
In the broader market context, the Sensex has shown a modest gain of 1.01% over the past month, indicating that while Euphoria Infotech has outperformed the benchmark in the short term, it has struggled over longer periods, with a year-on-year decline of 14.96% compared to the Sensex's gain of 2.86%. This suggests that while the recent price movement is positive, the stock's overall performance remains challenged relative to the broader market trends. The lack of positive or negative dashboard data limits the understanding of specific factors influencing investor sentiment, but the current liquidity levels indicate that the stock is liquid enough for trading, which may support its recent price rise.