Why is Goodluck India falling/rising?

As of 18-Jul, Goodluck India Ltd is experiencing a decline in its stock price, currently at 1,132.10, reflecting a decrease of 19.9 points or 1.73%. The stock has underperformed its sector by 2.05% today and has been on a consecutive downward trend for the last two days, resulting in a total return drop of 2.06%. Despite this recent decline, Goodluck India has shown strong performance over the longer term, with a 25.32% return over the past year and an impressive 299.61% increase over the last three years. The company is trading above its moving averages, indicating a generally positive trend, but a notable decrease in delivery volume by 25.23% against the five-day average suggests a reduction in investor participation.
In the broader market context, Goodluck India has outperformed the Sensex over various time frames, including a 4.15% gain over the past month compared to a 0.38% increase in the benchmark. This indicates that while the stock is currently facing short-term challenges, its long-term performance remains robust. The company's attractive valuation, with a return on capital employed (ROCE) of 12.4 and a PEG ratio of 1.2, suggests that it is trading at a discount relative to its peers, which could support future price recovery. Overall, while the stock is currently falling, its historical performance and valuation metrics indicate potential for stabilization and growth in the future.