Why is GSFC falling/rising?

As of 30-Jul, Gujarat State Fertilizers & Chemicals Ltd. (GSFC) is experiencing a price increase, currently at Rs 207.50, reflecting a rise of 2.3 or 1.12%. The stock has shown a positive performance recently, gaining 5.41% over the last two days, although it underperformed its sector by 1.69% today. It has also outperformed the benchmark Sensex over the past week and month, with returns of +1.47% and +1.64%, respectively. Despite a year-over-year decline of 14.43%, the company has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 24.63%. The stock's low debt-to-equity ratio and high institutional holdings of 24.63% suggest a stable financial position, contributing positively to investor sentiment.
In the broader market context, while GSFC has shown resilience with positive short-term returns, the Sensex has declined by 1.50% over the past week and 2.54% over the past month. This indicates that GSFC's recent gains are occurring in a generally unfavorable market environment. The fertilizer sector itself has gained by 2.81%, which may be supporting GSFC's upward movement. Additionally, the stock's liquidity, indicated by a significant increase in delivery volume, suggests rising investor participation, which could further bolster its price in the current market conditions.