Why is GOCL Corpn. falling/rising?

As of 08-Jul, GOCL Corporation Ltd's stock price is rising, currently at Rs 382.50, reflecting an increase of Rs 16.7 or 4.57%. The stock has shown strong performance today, outperforming its sector by 6.21% and reaching an intraday high of Rs 397.75, which is an increase of 8.73%. Over the past week, the stock has gained 6.24%, and in the last month, it has risen by 21.33%. However, despite this recent uptick, the company faces challenges such as operating losses and a high Debt to EBITDA ratio of -1.00 times, indicating weak long-term fundamental strength. Additionally, the stock has underperformed over the past year with a return of -16.87%, which may contribute to cautious investor sentiment.
In the broader market context, while the Sensex has only increased by 0.02% over the past week, GOCL Corporation's short-term performance has significantly outpaced this benchmark. The stock's recent rise can be attributed to increased investor participation, as evidenced by a 22.13% rise in delivery volume compared to the 5-day average. However, the company’s low profitability, as indicated by a Return on Equity of 7.00%, and the absence of domestic mutual fund investment may signal underlying risks that could affect future performance. Overall, while the stock is currently experiencing a positive movement, its long-term outlook remains uncertain due to fundamental weaknesses.