Why is GNFC falling/rising?

As of 21-Jul, Gujarat Narmada Valley Fertilizers & Chemicals Ltd. (GNFC) is experiencing a price increase, currently at 547.00, reflecting a change of 2.0 (0.37%) upward. Today's performance indicates that the stock has gained after three consecutive days of decline, although it has underperformed its sector by 0.76%. The stock is currently trading above its 5-day, 50-day, and 100-day moving averages, but below its 20-day and 200-day moving averages. Despite a year-to-date decline of 1.75%, GNFC has shown a positive return of 4.51% over the past month, which contrasts with the Sensex's slight decline of 0.25% during the same period. The company has demonstrated strong financial performance with a significant increase in profit before tax and operating profit, alongside a high dividend yield of 3.03%, which may contribute to investor interest.
In the broader market context, GNFC's recent short-term return of 4.51% over the past month stands in stark contrast to the Sensex's decline of 0.25%, indicating that the stock is outperforming the benchmark in this timeframe. The company's low debt-to-equity ratio and high institutional holdings at 23.17% suggest a stable financial position and confidence from larger investors, which can positively influence retail investor sentiment. However, the stock's long-term performance remains concerning, with a 17.59% decline over the past year, despite a 20.1% increase in profits, indicating that while the stock may be gaining traction in the short term, it faces challenges in sustaining growth against historical benchmarks.