Why is GHCL falling/rising?

As of 04-Jul, GHCL Ltd's stock price is currently at 618.55, reflecting an increase of 1.8 (0.29%). The stock has been gaining for the last three days, with a total return of 0.9% during this period, and it has outperformed its sector by 0.45% today. In the past week, GHCL has shown a return of +1.16%, while its performance over the last month is +0.92%. Despite a year-to-date decline of 14.57%, the stock has generated a positive return of 9.65% over the past year. The company exhibits high management efficiency with a return on equity (ROE) of 19.77% and maintains a low debt-to-equity ratio, contributing to its fair valuation. However, it is trading at a premium compared to its peers, and the PEG ratio of 3.6 suggests that while profits have risen by 3%, the stock may be overvalued.
In the broader market context, GHCL's recent performance contrasts with the Sensex, which has declined by 0.74% over the past week. This indicates that GHCL is performing relatively well compared to the overall market. The stock's liquidity is adequate, with a delivery volume increase of 6.65% against the five-day average, suggesting rising investor participation. High institutional holdings at 36.17% also indicate confidence from larger investors, who typically have more resources to analyze company fundamentals. Overall, while GHCL has faced challenges in the longer term, its recent gains can be attributed to improved investor sentiment and solid management performance.