Why is Goodluck India falling/rising?

As of 27-Jun, Goodluck India Ltd's stock price is rising, currently at 1,148.70, reflecting an increase of 60.0 or 5.51%. The stock has shown strong performance today, outperforming its sector by 5.69% and opening with a gain of 2.54%. It reached an intraday high of Rs 1160.9, marking a 6.63% increase. Over the past week, the stock has risen by 4.62%, and it has delivered impressive returns of 29.19% over the last month and 27.15% over the past year. The company has consistently outperformed the BSE 500 in each of the last three annual periods, and its profits have increased by 25% over the same timeframe. Despite a recent decline in delivery volume, the stock is trading above all key moving averages, indicating a positive trend.
In the broader market context, Goodluck India's short-term performance has significantly outpaced the Sensex, which has only increased by 2.00% over the past week. The stock's strong returns, combined with its fair valuation and consistent performance over the last three years, suggest a robust market position. The company's return on capital employed (ROCE) of 12.4 and a PEG ratio of 1.2 indicate that it is trading at a discount compared to its peers, further supporting the upward movement in its stock price. Overall, the combination of solid financial performance and favorable market conditions has contributed to the rise in Goodluck India's stock price.