Why is Gilada Finance falling/rising?

As of 04-Jul, Gilada Finance & Investments Ltd is experiencing a price increase, currently at Rs 12.92, reflecting a rise of 1.06 or 8.94%. The stock has shown strong performance today, outperforming its sector by 8.81% and achieving a consecutive gain over the last two days with a total return of 9.03%. It opened with a significant gain of 5.82% and reached an intraday high of Rs 13.96, indicating robust trading activity. The stock has also been trading above its moving averages and has seen a notable increase in investor participation, with delivery volume rising by 111.61% compared to the 5-day average. Despite a weak long-term fundamental strength indicated by an average Return on Equity (ROE) of 7.22%, the stock's attractive valuation and recent profit growth of 25.2% have contributed positively to its recent upward movement.
In the broader market context, Gilada Finance's short-term return of 8.21% over the past week significantly outperforms the Sensex, which has declined by 0.74% during the same period. While the stock has generated a substantial return of 29.33% over the past year, this is notably higher than the market's return of 2.13%, showcasing its market-beating performance. The stock's liquidity remains favorable, allowing for adequate trading sizes, which further supports its price rise. Overall, the combination of positive short-term performance, increased investor interest, and attractive valuation metrics has contributed to the stock's upward trajectory amidst a challenging broader market environment.