Why is GIC Housing Fin falling/rising?

As of 10-Jul, GIC Housing Finance Ltd's stock price is currently at 198.90, reflecting an increase of 1.25, or 0.63%. The stock has shown positive momentum, gaining for the last two days and achieving a total return of 2.39% during this period. Additionally, it has outperformed its sector by 0.61%. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, despite a significant decline of 23.82% over the past year, the company has seen a profit increase of 11.5%, with a favorable PEG ratio of 0.6, suggesting that the stock is undervalued compared to its peers. Nonetheless, the company faces challenges with weak long-term fundamentals, including a declining net sales growth rate and a low return on equity of 8.6%.
In the broader market context, GIC Housing Finance Ltd's short-term performance has been relatively strong, with a 1.87% gain over the past week, while the benchmark Sensex has remained flat with a change of -0.06%. However, the stock has underperformed the market significantly over the past year, where the Sensex has generated a return of 4.09%. The lack of investment from domestic mutual funds, which hold 0% of the company, may indicate a lack of confidence in the stock's valuation or business prospects. This combination of short-term gains against a backdrop of long-term underperformance and weak fundamentals contributes to the current price movement of GIC Housing Finance Ltd.