Why is Gandhi Spl. Tube falling/rising?

As of 30-Jul, Gandhi Special Tubes Ltd is experiencing a price increase, currently at 773.00, reflecting a rise of 9.9 points or 1.3%. The stock has shown positive momentum, gaining for the last two days with a total return of 2.1% during this period. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, the stock has outperformed its sector by 0.71%. Despite a year-to-date decline of 1.89%, the company has demonstrated significant growth over the past three years, with a return of 111.17%. The company's low debt-to-equity ratio, averaging at 0 times, suggests financial stability, which may contribute to investor confidence and support the stock's recent upward movement.
In the broader market context, Gandhi Special Tubes Ltd's short-term performance over the past week shows a decline of 2.40%, while the benchmark Sensex has decreased by 1.50%. This indicates that the stock is underperforming relative to the benchmark in the short term. However, the stock's one-month return of 8.48% contrasts with the Sensex's decline of 2.54%, highlighting its relative strength in the medium term. The rising investor participation, as evidenced by an increase in delivery volume, further supports the stock's positive trajectory, despite the mixed performance against the benchmark.