Why is GNFC falling/rising?

As of 08-Jul, Gujarat Narmada Valley Fertilizers & Chemicals Ltd. is experiencing a price increase, with the current price at 555.95, reflecting a rise of 3.95 (0.72%). Today's performance indicates that the stock has outperformed its sector by 1.78%. However, despite this positive movement, the stock has shown a decline of 2.38% over the past week and a significant drop of 22.14% over the past year. The stock is trading higher than its 20-day, 50-day, and 100-day moving averages, but lower than its 5-day and 200-day moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 55.05% compared to the 5-day average. The company maintains a low debt-to-equity ratio and has reported positive financial results, including a significant growth in profit before tax and operating profit margins, which could support the stock's recent upward movement.
In the broader market context, the stock's performance over the past week has lagged behind the Sensex, which has remained relatively flat with a change of +0.02%. Over the past month, while the stock has gained 1.48%, it still trails the benchmark's return of 1.85%. The company's high institutional holdings at 25.17% suggest a level of confidence from more knowledgeable investors, which may contribute positively to its valuation despite the stock's historical underperformance compared to the market. The stock's PEG ratio of 0.7 indicates that it may be undervalued relative to its earnings growth, which could attract further interest from investors looking for value opportunities.