Why is Euphoria Infotec falling/rising?

As of 24-Sep, Euphoria Infotech (India) Ltd is experiencing a price increase, currently at Rs 54.60, reflecting a rise of 2.59 or 4.98%. The stock has shown a positive performance today, outperforming its sector by 5.64%. Additionally, it reached an intraday high of Rs 54.61, indicating strong trading activity. Notably, there has been a significant increase in investor participation, with delivery volume rising by 150% compared to the 5-day average. However, the stock has faced challenges over the longer term, with a year-to-date decline of 9.00% and a 1-year drop of 25.51%, suggesting underlying volatility despite today's gains.
In the broader market context, Euphoria Infotech's recent performance contrasts with the benchmark Sensex, which has seen a decline of 1.18% over the past week. While the stock has outperformed the sector in the short term, its longer-term returns are notably negative compared to the Sensex's positive return of 4.58% year-to-date. This divergence highlights the stock's erratic trading patterns, as it did not trade on 2 out of the last 20 days, which may contribute to its fluctuating price movements. Overall, while today's performance is encouraging, the stock's longer-term trajectory remains concerning in comparison to the broader market.