Why is Evoq Remedies falling/rising?

As of 08-Sep, Evoq Remedies Ltd's stock price is currently at 4.00, reflecting an increase of 0.13, or 3.36%. The stock has shown strong performance recently, gaining 9.29% over the last two days and outperforming its sector by 3.49% today. Despite this positive short-term movement, the stock has experienced significant declines over longer periods, with a year-to-date drop of 48.72% and a one-year decline of 57.22%. Notably, the stock's delivery volume has decreased substantially, falling by 89.13% against the five-day average, indicating a potential decline in investor participation. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Evoq Remedies has significantly outperformed the Sensex over the past week, with a return of 18.34% compared to the benchmark's 0.53%. However, over the longer term, the stock has underperformed the Sensex, which has gained 3.39% year-to-date. This disparity highlights the stock's volatility and the challenges it faces in regaining investor confidence despite its recent gains.