Why is G M Breweries falling/rising?

As of 10-Jul, G M Breweries Ltd's stock price is currently at 755.00, reflecting an increase of 8.2, or 1.1%. The stock has shown a positive trend today, outperforming its sector by 1.32% and reversing a two-day decline. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish sentiment. However, there has been a notable decline in investor participation, with delivery volume falling by 38.35% compared to the 5-day average. Over the past year, the stock has generated a return of -12.40%, while profits have decreased by 14.8%. Despite these challenges, the company maintains a low debt-to-equity ratio and is trading at a discount compared to its peers, which suggests a fair valuation.
In the broader market context, G M Breweries has shown a modest return of 0.58% over the past week, while the benchmark Sensex has slightly declined by 0.06%. Over the past month, the stock has outperformed the Sensex, gaining 5.43% compared to the benchmark's 0.97% increase. However, year-to-date, the stock is down 6.92%, contrasting with the Sensex's gain of 6.46%. This indicates that while the stock has recently experienced some upward movement, its longer-term performance remains under pressure relative to the broader market.