Why is GHCL falling/rising?

As of 15-Jul, GHCL Ltd's stock price is currently at 627.60, reflecting an increase of 17.0 or 2.78%. The stock has shown positive momentum, gaining for the last two days with a total return of 3.79% during this period. It has outperformed its sector by 1.69% today and reached an intraday high of Rs 628. Despite this upward movement, the stock's year-to-date performance remains negative at -13.32%. Positive factors contributing to the stock's rise include high management efficiency indicated by a return on equity (ROE) of 19.77%, a low debt-to-equity ratio, and significant institutional holdings at 36.17%. However, the stock's long-term growth prospects are hindered by a decline in net sales over the past five years and flat quarterly results.
Broader market context shows that GHCL's short-term performance has been more favorable compared to the benchmark, with a 1-week return of +1.88% against the Sensex's -1.36%. While the stock has outperformed the market over the past year with a return of 13.91% compared to the BSE500's 0.37%, it has underperformed in the longer term, particularly over three years, where it has seen a slight decline of -0.24% versus the benchmark's substantial gain of 53.59%. This contrast highlights the stock's volatility and the challenges it faces in maintaining consistent growth amidst broader market fluctuations.