Why is GNFC falling/rising?

As of 24-Jul, Gujarat Narmada Valley Fertilizers & Chemicals Ltd. is currently priced at 552.30, reflecting a decrease of 2.7 points or 0.49%. Today's performance indicates that the stock has underperformed its sector by 2.87%, despite the fertilizer sector gaining by 2.31%. Over the past week, the stock has shown a positive return of 1.14%, while its one-month return stands at 2.64%. However, it has experienced significant declines over the longer term, with a year-to-date return of -0.80% and a one-year return of -17.43%. Positive factors contributing to the stock's valuation include a low debt-to-equity ratio, strong profit growth of 161.90% in PBT, and a fair valuation indicated by a PEG ratio of 0.7. Despite these positives, the stock's recent movement reflects a premium valuation compared to peers, which may be causing some investor caution.
In the broader market context, the stock's short-term performance has outpaced the benchmark Sensex, which has seen a slight decline of 0.09% over the past week. However, the stock's longer-term performance is concerning, as it has underperformed the Sensex significantly over the past year and three years, with returns of -17.43% and -17.55%, respectively, compared to the Sensex's gains of 2.54% and 46.57%. This disparity may be influencing investor sentiment, leading to a cautious approach despite the rising investor participation reflected in increased delivery volumes. Overall, while there are positive indicators for GNFC, the recent price decline suggests that broader market trends and longer-term performance concerns are weighing on investor confidence.