Why is GMDC falling/rising?

As of 23-Jul, Gujarat Mineral Development Corporation Ltd. is currently priced at 457.75, reflecting a slight decrease of 0.05 (-0.01%). The stock has recently hit a new 52-week high of Rs. 472.4 but has underperformed its sector by 1.31% today, indicating a trend reversal after four consecutive days of gains. Despite this minor decline, the stock has shown impressive returns over various periods, including a 20.65% increase over the past week and a remarkable 199.87% rise over the last three years. The company also enjoys a low debt-to-equity ratio and has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 42.78%. Positive financial results, including a high debtors turnover ratio and significant growth in profit before tax and profit after tax, further support the stock's strong performance.
In the broader market context, GMDC's short-term performance significantly outpaces the benchmark Sensex, which has only increased by 0.11% over the past week. The stock's liquidity remains robust, with a delivery volume that has surged by 133.02% compared to the five-day average, indicating rising investor participation. While the stock is currently experiencing a slight decline, its overall performance remains strong, with consistent returns over the last three years and outperformance against the BSE500 in each of the last three annual periods. This combination of factors suggests that while there may be short-term fluctuations, the long-term outlook for GMDC remains positive.