Why is GNFC falling/rising?

As of 07-Jul, Gujarat Narmada Valley Fertilizers & Chemicals Ltd. is experiencing a decline in its stock price, currently at 552.00, which reflects a decrease of 6.85 or 1.23%. The stock has underperformed its sector by 0.43% today, and its delivery volume has significantly dropped by 62.9% compared to the 5-day average, indicating a decrease in investor participation. Over the past week, the stock has shown a slight decline of 0.15%, while it has performed better over the past month with a gain of 0.76%. However, its year-to-date performance remains negative at -0.85%, and it has seen a substantial drop of 22.68% over the past year, despite a 20.1% increase in profits during the same period. The company maintains a low debt-to-equity ratio and has high institutional holdings at 25.17%, which suggests some level of confidence from larger investors.
In the broader market context, the Sensex has shown a slight decline of 0.20% over the past week, while it has increased by 1.53% in the last month, indicating that the overall market is performing better than GNFC in the short term. The stock's performance is also contrasted by the benchmark's year-to-date gain of 6.79% and a 4.31% increase over the past year. Although GNFC's profits have risen, the stock is trading at a premium compared to its peers, which may be affecting its attractiveness to investors. The combination of underperformance relative to the benchmark and declining investor interest may be contributing to the stock's current downward movement.