Why is Goodluck India falling/rising?

As of 07-Jul, Goodluck India Ltd is experiencing a price increase, currently at Rs 1,175.00, reflecting a rise of Rs 45.00 or 3.98%. Despite opening lower with a loss of 4.76% today, the stock reached an intraday high of Rs 1,184, indicating some recovery during the trading session. Over the past month, Goodluck India has shown a strong performance with a return of 20.94%, significantly outperforming the Sensex, which only gained 1.53%. The stock has consistently outperformed the BSE500 over the last three years, with a remarkable return of 308.70%. Additionally, the company's profits have increased by 25% over the past year, contributing to a favorable PEG ratio of 1.2, suggesting that the stock is fairly valued compared to its peers.
In the broader market context, Goodluck India's short-term performance is slightly better than the benchmark, as it has decreased by only 0.11% over the past week compared to the Sensex's decline of 0.20%. However, there are concerns regarding falling investor participation, as the delivery volume has dropped significantly by 50.76% against the five-day average. Despite this, the stock remains liquid enough for trading, and it is currently trading above all key moving averages, indicating a positive trend. Overall, while the stock has shown resilience and strong returns, the decline in trading volume may pose challenges for sustained upward momentum.