Why is Gandhi Spl. Tube falling/rising?

As of 29-Jul, Gandhi Special Tubes Ltd is currently priced at Rs 763.10, reflecting an increase of Rs 6.0 or 0.79%. The stock has shown a trend reversal, gaining after three consecutive days of decline, and reached an intraday high of Rs 785, marking a 3.69% increase. Despite this positive movement, the stock has underperformed its sector by 0.52%. Over the past week, it has decreased by 0.95%, but it has performed better over the past month with a return of 7.01%. The company has a low Debt to Equity ratio, which is generally favorable, but it also faces challenges such as a significant drop in PAT and EPS in its latest quarterly results, indicating potential concerns about profitability. The stock is trading at a premium compared to its peers, which may deter some investors.
Broader Market Context: In comparison to the benchmark Sensex, which has declined by 1.03% over the past week, Gandhi Special Tubes Ltd has slightly outperformed in the short term. However, the stock's year-to-date performance shows a decline of 3.15%, contrasting with the Sensex's gain of 4.09%. The lack of domestic mutual fund investment, holding only 0% of the company, suggests that institutional investors may be cautious about the stock's valuation and future prospects. Overall, while the stock has seen a recent uptick, the underlying financial performance and market sentiment indicate mixed signals regarding its future trajectory.