Why is GMDC falling/rising?

As of 19-Nov, Gujarat Mineral Development Corporation Ltd. is experiencing a decline in its stock price, currently at Rs 514.80, reflecting a decrease of Rs 28.2 or 5.19%. The stock has been underperforming, having lost 14.17% over the past six days, and it touched an intraday low of Rs 512.45. In terms of performance relative to benchmarks, the stock has seen a 1-week decline of 13.31%, while the Sensex has gained 0.85%. Despite a strong long-term growth trajectory, with a year-to-date increase of 59.93% and a 3-year return of 266.41%, the recent short-term performance has been negative. The company maintains a low debt-to-equity ratio and has seen increased participation from institutional investors, which may provide some support for the stock despite its current downward trend.
In the broader market context, the stock's recent struggles contrast sharply with the Sensex's positive movement, indicating a significant underperformance in the short term. While the stock has historically outperformed the market over longer periods, the current situation suggests that investor sentiment may be shifting, particularly as the stock has underperformed its sector by 4.2% today. The rising delivery volume indicates increased investor participation, which could be a positive sign for future performance, but the immediate outlook remains challenging given the stock's consecutive declines and the overall market conditions.