Why is General Insuranc falling/rising?

As of 06-Oct, General Insurance Corporation of India has seen its stock price rise to 380.75, reflecting an increase of 15.15 or 4.14%. Today's performance indicates that the stock has outperformed its sector by 2.93% and has reversed a two-day decline, reaching an intraday high of Rs 381.7. The stock's recent performance over the past week shows a gain of 4.69%, while it has also demonstrated strong long-term fundamentals with a 59.80% CAGR growth in operating profits. Positive quarterly results, including a significant increase in profit before tax and net sales, have contributed to the stock's upward movement, alongside an attractive valuation with a PEG ratio of 0.4.
In the broader market context, the stock's short-term return of 4.69% over the past week significantly outpaces the Sensex's return of 1.77% during the same period. This indicates that investor sentiment towards General Insurance Corporation of India is relatively strong compared to the overall market. Additionally, the rising investor participation, as evidenced by a 123.76% increase in delivery volume, suggests growing confidence in the stock, further supporting its recent price increase.