Why is Gandhi Spl. Tube falling/rising?

As of 08-Jul, Gandhi Special Tubes Ltd is experiencing a price increase, with the current price at 734.00, reflecting a change of 8.8 or 1.21% upward. The stock has outperformed its sector today by 1.47%, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there is a notable decline in investor participation, as the delivery volume has decreased by 26.09% compared to the 5-day average. Over the past week, the stock has shown a return of +3.48%, while its performance over the last month is slightly positive at +0.34%. Despite these short-term gains, the stock has underperformed over the longer term, with a year-to-date return of -6.84% and a one-year return of -12.41%. The company has a low debt-to-equity ratio, but it is trading at a premium compared to its peers, which may deter some investors.
In the broader market context, the Sensex has shown a minimal change of +0.02% over the past week, while Gandhi Special Tubes Ltd has significantly outperformed this benchmark. However, the stock's long-term performance is concerning, as it has underperformed the market over the last year, where the BSE500 generated returns of 1.98%. The company's flat results in March, including a 20.5% decline in PAT compared to the previous quarter, and a low EPS, contribute to a perception of an expensive valuation with a high Price to Book Value ratio. Additionally, the absence of domestic mutual funds holding any stake in the company may indicate a lack of confidence in its current valuation or business prospects, further impacting investor sentiment.