Why is GNFC falling/rising?

As of 09-Jul, Gujarat Narmada Valley Fertilizers & Chemicals Ltd. (GNFC) is experiencing a decline in its stock price, currently at 549.90, reflecting a decrease of 6.05 points or 1.09%. Today's price summary indicates that the stock has underperformed its sector by 2.64%, with a notable drop in investor participation, as evidenced by a 55.17% decrease in delivery volume compared to the five-day average. Over the past week, GNFC has seen a return of -2.17%, while its performance over the last year shows a significant decline of 21.96%. Despite these negative trends, the company has reported positive financial results, including a 161.90% growth in profit before tax and a strong operating profit margin, which may suggest underlying strength.
In the broader market context, GNFC's recent performance contrasts sharply with the Sensex, which has gained 0.15% over the past week and 3.96% over the past year. This divergence highlights the stock's struggles relative to the overall market. Although GNFC has a low debt-to-equity ratio and high institutional holdings at 25.17%, indicating some level of confidence from larger investors, the stock's recent underperformance and declining investor interest may be contributing to its current price drop. The stock is trading at a premium compared to its peers, but the negative return over the past year, despite rising profits, suggests that market sentiment may be weighing heavily on its valuation.