Why is GMM Pfaudler falling/rising?

As of 20-Oct, GMM Pfaudler Ltd's stock price is rising, currently at 1,155.15, reflecting an increase of 85.1 or 7.95%. The stock has outperformed its sector today by 7.28% and has experienced consecutive gains over the last four days, accumulating a total return of 11.15% during this period. Despite a year-to-date decline of 2.44% and a significant drop of 20.17% over the past year, the company shows strong fundamentals with a high return on capital employed (ROCE) of 17.72% and a low debt-to-EBITDA ratio of 1.44 times. However, the stock has faced challenges, including a 40.2% decline in profits over the past year, which has contributed to its underperformance against benchmarks over the last three years.
Broader Market Context: In the short term, GMM Pfaudler's stock has outperformed the Sensex, which has only increased by 2.47% over the past week, while GMM Pfaudler has risen by 8.49%. This indicates a positive sentiment among investors despite the stock's longer-term struggles. The high institutional holdings at 36.97% suggest that knowledgeable investors are backing the stock, potentially providing a buffer against volatility. However, the recent drop in delivery volume by 54.25% against the five-day average indicates a decrease in investor participation, which could pose risks to sustained price increases moving forward.