Why is GSFC falling/rising?

As of 29-Jul, Gujarat State Fertilizers & Chemicals Ltd. (GSFC) is experiencing a price increase, currently at 205.20, which reflects a rise of 8.35 or 4.24%. The stock has shown a positive trend today, gaining after two consecutive days of decline, and it outperformed its sector by 1.61%. Additionally, GSFC reached an intraday high of Rs 206.95, indicating strong intraday performance. Over the past week, the stock has increased by 1.79%, contrasting with a decline in the Sensex by 1.03%. Despite a year-to-date gain of 3.90%, the stock has underperformed over the past year with a return of -13.73%. Positive factors contributing to the stock's rise include a low debt-to-equity ratio, healthy long-term growth in operating profit, and significant growth in profit before tax and profit after tax in recent results. Furthermore, high institutional holdings suggest confidence in the company's fundamentals.
In the broader market context, GSFC's short-term performance has been favorable compared to the benchmark, as it has outperformed the Sensex over the past week and month. While the fertilizer sector has gained by 2.5%, GSFC's performance indicates a strong position within its sector. However, it is important to note that there has been a decline in investor participation, with delivery volume falling significantly. This could impact future price movements if the trend continues. Overall, while GSFC is currently rising, the mixed signals from investor participation and historical performance suggest that caution may be warranted moving forward.