Why is Goodluck India falling/rising?

As of 16-Jul, Goodluck India Ltd's stock price is rising, currently at 1,155.90, reflecting an increase of 18.05 or 1.59%. The stock has shown strong performance today, outperforming its sector by 2.09% and achieving a consecutive gain over the last three days with a total rise of 4.08%. It reached an intraday high of Rs 1168, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 44.01% compared to the 5-day average. Over the past year, the stock has generated a return of 25.54%, while profits have increased by 25%, indicating a solid performance relative to its peers.
In the broader market context, Goodluck India's short-term return of +0.86% over the past week contrasts with the Sensex, which has declined by 1.08%. This outperformance is indicative of the stock's strength in a challenging market environment. The company has consistently outperformed the BSE500 over the last three years, with a staggering 306.22% return in that period. Despite its fair valuation and a PEG ratio of 1.2, the stock is trading at a discount compared to its peers' average historical valuations, which may contribute to its attractiveness to investors. Overall, the combination of strong recent performance, rising investor interest, and consistent returns positions Goodluck India favorably in the market.