Why is Godavari Bioref. falling/rising?

As of 27-Jun, Godavari Biorefineries Ltd's stock price is currently at Rs 253.20, reflecting an increase of Rs 5.2 or 2.1%. Despite this uptick, the stock has shown a negative performance over the past week and month, with declines of 0.80% and 3.80%, respectively. Today, the stock opened lower by 2.34% but managed to reach an intraday high of Rs 255, indicating some volatility. The stock's performance has been characterized by a significant drop in investor participation, with delivery volume falling by 24.32% compared to the five-day average. Although the company reported positive results for March 2025, including a notable increase in net sales and a high operating profit to interest ratio, it has also faced challenges, such as a drastic profit decline of 357% over the past year.
Broader market context shows that the Sensex has outperformed Godavari Biorefineries Ltd, gaining 2.00% over the past week and 3.07% over the past month, while the stock has lagged behind with a year-to-date decline of 19.39%. This underperformance against the benchmark may contribute to the stock's volatility and the recent uptick not translating into a sustained recovery. The stock's liquidity remains adequate for trading, but the overall market sentiment appears to favor broader indices over individual stocks like Godavari Biorefineries Ltd, which may be affecting investor confidence and participation.