New Delhi, Feb. 20 -- Swan Energy Ltd grabbed attention on Wednesday as the stock surged 8.5% intraday, offering hope for investors after its dramatic 32% decline over the past month. The rally, however, didn't hold up at that level and the stock ended the day's trading at Rs.433.0, up 5%. Around 2.30 pm on Thursday, the Swan Energy stock was up by about 2.58% at Rs.445.75 per share.

While the broader recent decline remains concerning-the stock has lost 36% over six months and 41% over the past year-Swan Energy has delivered an astounding return of more than 500% since it debuted on the stock markets in 2012.

The Swan Energy stock's seesaw in recent trading sessions reflects a tug-of-war between bullish optimism and lingering concerns. ...