Why is GTPL Hathway falling/rising?

As of 10-Jun, GTPL Hathway Ltd. is experiencing a price increase, currently at Rs 118.30, which reflects a rise of Rs 8.25 or 7.5%. The stock has shown strong performance today, outperforming its sector by 5.58% and reaching an intraday high of Rs 122.25, marking an increase of 11.09%. Over the past week, the stock has gained 5.20%, and in the last month, it has risen by 14.85%. However, despite this recent uptick, the stock has a negative year-to-date return of -13.62% and has underperformed significantly over the past year with a decline of -31.26%. The company has a low debt-to-equity ratio of 0.06, a high dividend yield of 3.63%, and is trading at a fair value compared to peers, which may contribute to the current positive sentiment. Nonetheless, the stock's long-term growth prospects are hindered by a declining operating profit and negative results over the last four quarters, leading to a bearish technical outlook.
In the broader market context, GTPL Hathway's recent performance contrasts with the Sensex, which has increased by 2.05% over the past week and 3.70% over the past month. While the stock's short-term gains are notable, its long-term performance remains concerning, as it has generated a return of -31.26% over the past year compared to the Sensex's positive return of 7.72%. The lack of investment from domestic mutual funds, which hold 0% of the company, may indicate a lack of confidence in the stock's future performance, further complicating its market position despite the recent price rise.