Why is GMM Pfaudler falling/rising?

As of 02-Jul, GMM Pfaudler Ltd's stock price is currently at 1,212.00, reflecting an increase of 2.5 (0.21%). The stock has been gaining for the last three days, with a total return of 1.95% during this period. It has outperformed its sector by 0.71% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a year-to-date return of 2.36%, the stock has underperformed over the past year with a decline of 13.52%. The company exhibits strong management efficiency with a high return on capital employed (ROCE) of 17.76% and a low debt-to-EBITDA ratio of 1.44 times, indicating a solid ability to service its debt. Additionally, high institutional holdings at 36.18% suggest confidence from knowledgeable investors, as their stake has increased by 2.06% over the previous quarter.
In the broader market context, GMM Pfaudler's short-term performance has been favorable compared to the benchmark Sensex, which has returned 0.79% over the past week while GMM Pfaudler has achieved a return of 2.15%. This indicates that the stock is gaining traction relative to the market. However, it is important to note that the stock has significantly underperformed over longer periods, with a 3-year return of -15.16% compared to the Sensex's 57.65%. The recent positive momentum could be attributed to rising investor participation and favorable trading conditions, but the overall long-term performance remains a concern for potential investors.