Why is Garden Reach Sh. falling/rising?

As of 04-Jul, Garden Reach Shipbuilders & Engineers Ltd has experienced a price increase, currently trading at 2,973.25, reflecting a rise of 31.3 points or 1.06%. Today's price summary indicates that the stock has gained after four consecutive days of decline, reaching an intraday high of Rs 3040.35. Despite this upward movement, the stock underperformed its sector by 1.1%. Over the past week, the stock has decreased by 1.94%, while it has shown significant long-term growth, with a year-to-date increase of 83.80% and a remarkable 1226.16% rise over the past three years. The company has strong fundamentals, including a low debt-to-equity ratio and impressive growth in net sales and profits, which supports its positive price movement.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has seen a decline of 0.74% over the past week. While the shipbuilding sector has gained by 2.15%, the stock's delivery volume has fallen significantly, indicating reduced investor participation. The stock's valuation is considered expensive, trading at a premium compared to peers, which may pose risks despite its strong historical performance and consistent returns. Overall, while the stock is currently rising, the mixed signals from sector performance and investor activity suggest a cautious outlook.