Why is Gagan Gases falling/rising?

As of 25-Jun, Gagan Gases Ltd's stock price is rising, currently at Rs 23.90, reflecting an increase of Rs 2.4 or 11.16%. The stock has shown strong performance today, outperforming its sector by 11.13%, and reached an intraday high of Rs 23.90. Over the past week, the stock has gained 8.64%, and over the past month, it has increased by 22.56%. Despite a year-to-date decline of 1.44%, the stock has consistently generated positive returns over the last three years, outperforming the BSE 500 in each of the last three annual periods. The company has reported positive results for the last three consecutive quarters, with the highest PBDIT, PAT, and EPS figures, which have likely contributed to the recent upward movement in the stock price.
In the broader market context, Gagan Gases' short-term return of 8.64% over the past week significantly outpaces the Sensex's return of 1.61% during the same period. While the stock has shown volatility today, with a wide trading range and a decline in delivery volume, its performance relative to the benchmark indicates strong investor interest. However, concerns about the company's long-term fundamental strength, including weak operating profit growth and a low EBIT to Interest ratio, may temper enthusiasm among some investors. Despite these challenges, the stock's recent positive performance and consistent returns over the past three years suggest a favorable outlook in the short term.