Why is GSFC falling/rising?

As of 19-Sep, Gujarat State Fertilizers & Chemicals Ltd. (GSFC) is experiencing a price increase, currently at 211.00, reflecting a change of 1.0 or 0.48% upward. The stock has shown a positive trend today, outperforming its sector by 0.98% and reversing a two-day decline. Additionally, GSFC is trading above its moving averages across various time frames, indicating strong momentum. The stock has delivered a 3.81% return over the past week, while its year-to-date performance stands at 6.84%, surpassing the Sensex's 5.74% return. The company's low debt-to-equity ratio and significant growth in operating profit, alongside a healthy increase in profit before tax and profit after tax, contribute positively to its recent performance.
In the broader market context, GSFC's short-term return of 3.81% over the past week significantly outpaces the Sensex's return of 0.88%, suggesting that the stock is gaining traction relative to the overall market. The high institutional holdings at 24.63% indicate strong confidence from knowledgeable investors, which may further support the stock's upward movement. Despite a slight decline of 3.17% over the past year, the company's profits have increased by 19.2%, and its PEG ratio of 0.7 suggests that the stock is fairly valued compared to its earnings growth potential. Overall, these factors contribute to a positive outlook for GSFC in the current market environment.