Why is GMM Pfaudler falling/rising?

As of 15-Jul, GMM Pfaudler Ltd's stock price is currently at 1,337.00, reflecting an increase of 8.1 (0.61%). The stock has been gaining over the last two days, with a total return of 3.08% during this period. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. Additionally, there has been a notable rise in investor participation, with a 25.18% increase in delivery volume compared to the 5-day average. Despite a year-over-year decline of 8.32% in stock returns, the company demonstrates high management efficiency with a return on capital employed (ROCE) of 17.76% and a low debt to EBITDA ratio of 1.44 times, suggesting a strong ability to service its debt. Furthermore, institutional holdings have increased by 2.06% over the previous quarter, indicating confidence from larger investors.
In the broader market context, GMM Pfaudler's short-term performance has significantly outpaced the benchmark, with a 1-week return of +4.70% compared to the Sensex's -1.36%. This divergence highlights the stock's relative strength in a challenging market environment. While the stock has faced a decline over the past year, its attractive valuation compared to peers and strong fundamentals may be contributing to its recent upward movement. Overall, the combination of positive stock-specific factors and favorable short-term performance against the benchmark suggests that GMM Pfaudler is experiencing a rise in its stock price.