Why is Ginni Filaments falling/rising?

As of 23-Sep, Ginni Filaments Ltd's stock price is rising, currently at Rs 45.70, reflecting an increase of 1.99 (4.55%). Today's performance indicates a trend reversal, as the stock has gained after four consecutive days of decline. It outperformed its sector by 5.17% today and reached an intraday high of Rs 45.70. Despite a decrease in delivery volume by 13.82% compared to the 5-day average, the stock remains liquid enough for trading. Over the past year, Ginni Filaments has generated a remarkable return of 48.91%, significantly outperforming the broader market, which has seen negative returns of -3.33%. The company also boasts strong operating profit to interest ratios and a low debt-equity ratio, contributing positively to its recent price movement.
In the broader market context, Ginni Filaments' short-term return of +0.55% over the past week contrasts with the Sensex's decline of -0.34%, highlighting its relative strength. While the stock has shown impressive year-to-date growth of 42.81%, it has faced challenges with a -11.61% return over the past month. The company’s fundamentals show a mixed picture; despite a high debt to EBITDA ratio and weak long-term growth in operating profits, its significant profit increase of 115.9% over the past year and a low PEG ratio of 0.1 suggest that the stock is trading at a discount compared to its peers. This combination of factors contributes to the stock's rising price amidst a fluctuating market environment.