Why is Euphoria Infotec falling/rising?

As of 19-Aug, Euphoria Infotech (India) Ltd is experiencing a price increase, currently at Rs 56.28, which reflects a rise of 2.68 or 5.0%. The stock has shown a positive trend, gaining 10.24% over the last two days and outperforming its sector by 4.65% today. Despite this recent uptick, the stock has had a mixed performance over longer periods, with a decline of 4.61% over the past month and a year-to-date drop of 6.20%. Notably, the stock opened with a gain of 5% today and reached an intraday high of Rs 56.28, although it has shown erratic trading patterns, not trading on one day out of the last 20. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 64.29% compared to the five-day average.
In the broader market context, Euphoria Infotech's recent performance contrasts with the benchmark Sensex, which has only increased by 1.76% over the past week. While the stock has outperformed the benchmark in the short term, its longer-term performance remains concerning, with a year-over-year decline of 17.48% compared to the Sensex's modest gain of 1.52%. This suggests that while the stock is currently rising, it faces challenges in sustaining this momentum amidst broader market trends and declining investor engagement.