Why is Generic Engineer falling/rising?

As of 24-Oct, Generic Engineering Construction & Projects Ltd is experiencing a price increase, currently at Rs 42.91, reflecting a rise of Rs 1.15 or 2.75%. Today, the stock opened with a significant gain of 13.75% and reached an intraday high of Rs 47.5, indicating strong investor interest. The stock has outperformed its sector by 2.97% today, and there has been a notable increase in delivery volume, suggesting rising investor participation. Despite a year-to-date return of 5.87% and a one-year return of 10.94%, the stock's profits have declined by 4.3%, which may temper enthusiasm among investors. The stock is trading at a discount compared to its peers, which could be contributing to its attractive valuation despite the recent profit drop.
In the broader market context, the stock's short-term performance over the past week shows a gain of 2.39%, significantly outperforming the Sensex, which only increased by 0.31%. However, over the past month, the stock has underperformed with a decline of 5.65% compared to the Sensex's rise of 3.05%. This mixed performance indicates that while the stock is currently rising, it has faced challenges in the longer term, particularly over the past month. The high volatility observed today, with an intraday volatility of 11.58%, suggests that investor sentiment may be fluctuating, influenced by both the stock's attractive valuation and recent profit declines.