Why is Gandhi Spl. Tube falling/rising?

As of 16-Jul, Gandhi Special Tubes Ltd is experiencing a price increase, currently at 738.45, reflecting a rise of 7.8 or 1.07%. The stock has outperformed its sector by 1.57% today, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 86.12% compared to the 5-day average. However, the stock has shown a year-to-date decline of 6.28% and a 1-year decline of 7.87%, indicating some volatility despite its recent gains. The company maintains a low average debt-to-equity ratio, which could contribute positively to investor sentiment.
In the broader market context, Gandhi Special Tubes Ltd has outperformed the Sensex in the short term, with a 1-week return of +1.19% compared to the benchmark's -1.08%. This indicates that while the stock has faced challenges over the longer term, it is currently gaining traction against the market backdrop. The stock's liquidity is also favorable, allowing for adequate trading volume, which may further support its price movement. Overall, the combination of positive short-term performance, increased investor interest, and a solid financial structure contributes to the stock's rising price.