Why is Gallantt Ispat L falling/rising?

As of 29-Aug, Gallantt Ispat Ltd. has a current price of 584.00, reflecting an increase of 2.9 (0.5%). The stock has shown a trend reversal, gaining after two consecutive days of decline, and has outperformed its sector by 1.39%. Despite a recent 1-week decline of 4.91% and a 1-month drop of 14.23%, the stock has demonstrated strong long-term performance with a year-to-date increase of 68.64% and a remarkable 821.86% rise over the past three years. The company has a low Debt to EBITDA ratio of 1.10 times, indicating a strong ability to service debt, and has reported healthy growth in net sales and operating profit. Positive results over the last three quarters, including a 33.53% growth in PAT, contribute to the stock's recent upward movement.
In the broader market context, Gallantt Ispat Ltd.'s short-term performance has been less favorable compared to the benchmark, with the Sensex declining by 1.84% over the past week and 1.88% over the past month. However, the stock's ability to maintain liquidity, with a delivery volume increase of 36.33% against the 5-day average, suggests rising investor participation, which may support its price recovery. Overall, while the stock has faced short-term challenges, its strong fundamentals and recent positive performance indicate resilience in a fluctuating market environment.