Why is GSFC falling/rising?

As of 23-Jul, Gujarat State Fertilizers & Chemicals Ltd. (GSFC) is experiencing a price increase, currently at 204.50, reflecting a rise of 2.9 or 1.44%. The stock has outperformed its sector today by 1.48% and has shown consecutive gains over the last two days, with a total return of 1.79% during this period. Despite a recent decline in delivery volume by 30.19% compared to the 5-day average, GSFC is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. While the stock has a negative return of -13.71% over the past year, it has seen a healthy annual growth rate in operating profit of 24.63%, and its recent financial results show significant growth in profit before tax and profit after tax. In the broader market context, GSFC's short-term performance has been slightly underwhelming, with a 1-week return of -0.12% compared to the Sensex's positive return of +0.11%. However, over the past month, GSFC has outperformed the benchmark with a return of +4.34% against the Sensex's +1.01%. The stock's high institutional holdings at 24.63% suggest that knowledgeable investors are confident in its fundamentals, despite the stock trading at a premium compared to its peers. This combination of factors, including strong operating profit growth and institutional support, contributes to the stock's recent upward movement.