Why is GMDC falling/rising?

As of 10-Sep, Gujarat Mineral Development Corporation Ltd. (GMDC) is experiencing a slight decline in its stock price, currently at Rs. 522.55, reflecting a decrease of 0.45 (-0.09%). The stock has underperformed its sector by 1% today and has been on a consecutive fall for the last two days, resulting in a total decline of 3.05% during this period. Despite this recent downturn, GMDC has shown impressive performance over longer periods, with a 62.33% increase year-to-date and a remarkable 211.23% rise over the last three years. The company also reached a new 52-week high of Rs. 551.1 earlier today. However, there has been a notable drop in investor participation, with delivery volume falling by 52.56% compared to the five-day average, which may indicate reduced interest among investors.
In the broader market context, GMDC's short-term performance contrasts with the benchmark Sensex, which has only increased by 1.06% over the past week. While GMDC has consistently outperformed the BSE500 over the last three years, the recent decline in stock price may be attributed to a combination of falling investor participation and sector underperformance. Nevertheless, the company maintains a low debt-to-equity ratio and has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 91.90%. These factors suggest that while the stock is currently facing downward pressure, its fundamentals remain strong, indicating potential for recovery in the future.