Why is G M Breweries falling/rising?

As of 14-Jul, G M Breweries Ltd is experiencing a price increase, with its current price at 756.25, reflecting a rise of 7.1 (0.95%). Today, the stock opened with a loss of 2.42% but managed to touch an intraday high of Rs 767.3, indicating some recovery during the trading day. Despite this, the stock has shown a mixed performance over various periods, with a 1-week decline of 0.41% and a 1-year drop of 11.60%. The company has a low Debt to Equity ratio and is trading at a discount compared to its peers, but it has also seen a significant decline in profits, with a 14.8% drop over the past year. Furthermore, the falling investor participation, as indicated by an 18.82% decrease in delivery volume, suggests a lack of confidence among investors.
In the broader market context, the stock's short-term performance has been relatively better than the benchmark, as it has gained 2.42% over the past month while the Sensex has only increased by 1.40%. However, the stock has underperformed over the longer term, with a year-to-date decline of 6.76% compared to the Sensex's gain of 5.27%. This underperformance, combined with flat results and low domestic mutual fund interest, indicates that while there may be some short-term recovery, the overall sentiment towards G M Breweries remains cautious due to its poor long-term growth prospects and declining profitability.