Why is GMM Pfaudler falling/rising?

As of 07-Jul, GMM Pfaudler Ltd's stock price is currently at 1,282.00, reflecting an increase of 11.0 points or 0.87%. The stock has shown strong performance recently, gaining 7.84% over the last six days and outperforming its sector by 1.24% today. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Despite a year-over-year decline of 9.13% in returns, the company has demonstrated high management efficiency with a return on capital employed (ROCE) of 17.76% and a low debt to EBITDA ratio of 1.44 times, which suggests a strong ability to service its debt. Additionally, institutional holdings have increased by 2.06% over the previous quarter, reflecting growing confidence among more sophisticated investors.
In the broader market context, GMM Pfaudler's stock has outperformed the Sensex over the past week, with a return of 7.20% compared to the benchmark's slight decline of 0.20%. Over the past month, the stock has also outperformed the Sensex, gaining 13.03% while the benchmark rose by 1.53%. This strong short-term performance contrasts with the stock's longer-term challenges, including a significant drop in profits by 41.5% over the past year. However, the current upward momentum, driven by rising investor participation and favorable trading conditions, suggests a positive outlook in the near term despite the historical underperformance relative to the broader market.