Why is GSFC falling/rising?

As of 04-Jul, Gujarat State Fertilizers & Chemicals Ltd. (GSFC) is experiencing a price increase, currently at 208.00, reflecting a change of 1.65 or 0.8% upward. The stock has shown a positive trend today, outperforming its sector by 1.38% and reversing a two-day decline. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. However, there is a notable decline in investor participation, with delivery volume falling by 47.75% compared to the 5-day average. Despite a year-to-date return of 5.32%, the stock has underperformed over the past month with a decline of 1.89%. Positive factors include a low debt-to-equity ratio, significant growth in operating profit, and high institutional holdings, which have increased by 1.44% over the previous quarter, suggesting confidence from larger investors.
In the broader market context, GSFC's short-term performance over the past week shows a return of 2.44%, contrasting with the Sensex's decline of 0.74%. This indicates that GSFC is gaining traction relative to the overall market. While the stock has faced challenges over the past year with a return of -14.68%, its profits have increased by 4.8%, suggesting potential for recovery. The PEG ratio of 2.9 and a fair valuation at a price-to-book value of 0.7 further support the stock's attractiveness, despite its recent volatility. Overall, the combination of positive operational metrics and institutional support is contributing to the stock's upward movement.