Why is Evans Electric falling/rising?

As of 07-Aug, Evans Electric Ltd is experiencing a price increase, currently at Rs 173.00, which reflects a rise of 2.0 or 1.17%. Today's trading performance indicates that the stock opened with a gain of 2.34% and reached an intraday high of Rs 175. Despite this positive movement, the stock has shown erratic trading patterns, having not traded on one day out of the last 20 days. Additionally, the delivery volume has significantly decreased by 80% compared to the 5-day average, suggesting a decline in investor participation. Over the past week, the stock has outperformed its sector by 1.89%, but its longer-term performance shows a decline of 9.14% over the past month and a year-to-date drop of 3.97%.
In the broader market context, the Sensex has declined by 0.69% over the past week, indicating that while Evans Electric has outperformed its sector, it is still facing challenges in the longer term with a year-to-date performance that lags behind the benchmark's 3.18% increase. The stock's performance over the past year is notably strong at 25.82%, significantly outperforming the Sensex's 1.45% increase. However, the substantial gains over the past three years (765.00%) and five years (246.00%) highlight a potential volatility that may be affecting current investor sentiment and participation.