Why is Gian Lifecare falling/rising?

As of 25-Jul, Gian Lifecare Ltd's stock price is currently at 16.65, reflecting an increase of 0.15 or 0.91%. The stock has been on a positive trajectory, gaining for the last six consecutive days and achieving a total return of 20.04% during this period. It has outperformed its sector by 0.36% today, and its delivery volume has increased significantly, indicating rising investor participation. Despite a year-to-date decline of 11.44% and a one-year drop of 29.18%, the company has reported positive financial results over the last three quarters, with net sales growing by 35.83% and a profit after tax of Rs 2.34 crore. The stock is trading at a discount compared to its peers, which may attract investors looking for value, although it has shown weak long-term fundamental strength due to a lack of results in the past six months.
In the broader market context, Gian Lifecare's short-term performance has been notably strong, with a one-week return of 14.04%, contrasting sharply with the Sensex, which has declined by 0.36% during the same period. While the stock has outperformed the benchmark in the short term, it has consistently underperformed over the last three years, highlighting a significant disparity in long-term performance. The company's recent positive financial results may be contributing to the current upward movement in stock price, but the overall long-term underperformance against broader market indices remains a concern for investors.