Why is GIC Housing Fin falling/rising?

As of 15-Jul, GIC Housing Finance Ltd is experiencing a price increase, with its current price at 202.55, reflecting a change of 1.25 or 0.62% upward. The stock has shown a positive performance recently, gaining 1.89% over the last two days, although it underperformed its sector by 0.36% today. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. Despite a year-to-date decline of 0.54% and a significant drop of 23.35% over the past year, the stock's profits have risen by 11.5%, contributing to a very attractive valuation with a Price to Book Value of 0.6. However, the weak long-term fundamentals, including a declining net sales growth rate and low domestic mutual fund interest, may temper investor enthusiasm.
In the broader market context, GIC Housing Finance's short-term return of 4.27% over the past week contrasts sharply with the Sensex, which has declined by 1.36% during the same period. This suggests that the stock is gaining traction relative to the market, despite its longer-term underperformance. The stock has also outperformed the benchmark in the last month, with a return of 5.94% compared to the Sensex's 1.79%. However, the overall weak long-term growth indicators and the lack of domestic mutual fund investment signal caution among investors, which could impact future price movements.