Why is GMDC falling/rising?

As of 05-Sep, Gujarat Mineral Development Corporation Ltd. is experiencing a significant rise in its stock price, currently at Rs. 508.65, reflecting an increase of Rs. 53.1 or 11.66%. The stock has reached a new 52-week high of Rs. 515 today and has outperformed its sector by 10.5%. Over the past week, the stock has surged by 26.00%, and its year-to-date performance shows an impressive increase of 58.01%. The company has demonstrated strong operational growth, with an annual operating profit growth rate of 91.90%, and a low debt-to-equity ratio, which supports its healthy long-term outlook. Additionally, the stock has consistently generated returns, outperforming the BSE500 over the last three years.
In the broader market context, GMDC's recent performance stands in stark contrast to the Sensex, which has only increased by 1.13% over the past week. This indicates that GMDC is not only rising significantly on its own but is also gaining momentum compared to the overall market. The stock's liquidity is adequate for trading, with a delivery volume increase of 8.99% against the five-day average, suggesting rising investor participation. Overall, the combination of strong financial performance, positive market sentiment, and favorable trading conditions contributes to the stock's upward trajectory.