Why is Gowra Leasing falling/rising?

As of 30-Jun, Gowra Leasing & Finance Ltd is experiencing a price increase, currently at Rs 87.61, which reflects a rise of 1.11 or 1.28%. Today's price summary indicates that the stock has outperformed its sector by 0.76% and has shown a trend reversal after two consecutive days of decline. Although the stock opened with a loss of 2%, it reached an intraday high of Rs 88.98, demonstrating some recovery. Over the past week, the stock has seen a decline of 8.02%, but it has performed positively over the last month with a return of 3.07%. The company has reported significant growth in operating profit and positive results over the last two quarters, contributing to a strong year-to-date return of 50.27% and a remarkable 113.16% return over the past year.
In the broader market context, while Gowra Leasing has shown a decline in the short term, it has outperformed the benchmark Sensex, which has increased by 2.09% over the past week. The stock's long-term performance is also noteworthy, with a 361.11% increase over the past three years compared to the Sensex's 57.69%. Despite a recent drop in investor participation, the company's strong financial results, including a 554.76% growth in operating profit and a return on equity of 24.8%, suggest a solid foundation for future growth. The stock's premium valuation relative to peers and its consistent outperformance in both the long and near term further support its upward price movement.