Why is Gallantt Ispat L falling/rising?

As of 23-Jul, Gallantt Ispat Ltd. is experiencing a price increase, with its current price at Rs 629.25, reflecting a rise of Rs 10.15 or 1.64%. The stock has shown strong performance, with a 7.60% increase over the past week and a remarkable 21.48% rise over the last month. It is currently trading close to its 52-week high, just 3.76% away from Rs 652.9, and has outperformed its sector by 1.41% today. Additionally, Gallantt Ispat Ltd. is trading above all its moving averages, indicating a strong upward trend. The company has demonstrated a solid ability to service its debt, with a low Debt to EBITDA ratio of 1.10 times, and has reported healthy long-term growth, with net sales increasing at an annual rate of 37.77% and operating profit growing at 99.65%. Furthermore, the stock has generated a 100.02% return over the past year, outperforming the BSE500 index over various time frames.
In the broader market context, Gallantt Ispat Ltd.'s short-term performance significantly exceeds that of the benchmark, with the stock gaining 7.60% over the past week compared to a mere 0.11% increase in the Sensex. This strong performance is indicative of investor confidence in the company's growth prospects, especially given its impressive long-term returns, including a staggering 798.93% increase over the past three years. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 6.33% against the 5-day average, which could be a point of concern moving forward. Despite this, the overall market-beating performance and positive financial indicators suggest a favorable outlook for Gallantt Ispat Ltd.