Why is Greenpanel Inds. falling/rising?

As of 24-Jul, Greenpanel Industries Ltd is experiencing a price increase, currently at Rs 316.85, reflecting a change of 1.6 (0.51%) upward. The stock has shown a strong performance recently, gaining 9.96% over the last four days and outperforming the sector, although it underperformed by 1.07% today. It has also been trading above its moving averages across various time frames, indicating positive momentum. Despite a year-to-date decline of 16.35%, the stock has performed well in the short term, with a 19.66% increase over the past month. The company's strong ability to service debt, indicated by a low Debt to EBITDA ratio of 1.21 times, and a favorable valuation with a Price to Book Value of 3, contribute positively to its recent price movement. However, the stock's long-term growth prospects are hindered by a decline in operating profit and consistent underperformance against benchmarks.
In the broader market context, Greenpanel Industries has outperformed the Sensex over the past week, gaining 8.25% compared to a slight decline of 0.09% for the index. However, its year-to-date performance remains significantly lower than the Sensex, which has increased by 5.18%. The stock's high institutional holdings at 31.55% suggest that knowledgeable investors are backing the company, which may provide some stability. Nonetheless, the stock's historical underperformance over the last three years, alongside a significant drop in profits, raises concerns about its long-term viability, which could temper investor enthusiasm despite the recent gains.