Why is Guj Inds. Power falling/rising?

As of 01-Jul, Gujarat Industries Power Co Ltd is experiencing a rise in its stock price, currently at 219.50, reflecting an increase of 0.9 (0.41%). The stock has shown strong performance recently, gaining 6.04% over the last two days and outperforming its sector by 0.6%. Additionally, it has outperformed the benchmark Sensex with a weekly return of +11.76% compared to the Sensex's +2.00%. The company has also seen a significant increase in investor participation, with delivery volume rising by 461.14% against the 5-day average. Positive financial results declared in March 2025, including the highest operating profit to interest ratio and rising promoter confidence with a 1.14% increase in stake, further support the stock's upward movement.
In the broader market context, while the stock has underperformed year-to-date with a return of -3.52% compared to the Sensex's +7.11%, its recent short-term performance indicates a positive shift. The stock's strong returns over the past week and month, alongside its consistent trading above key moving averages, suggest a growing investor confidence that contrasts with its longer-term performance. This divergence highlights a potential recovery phase for Gujarat Industries Power Co Ltd, as it capitalizes on improved financial metrics and increased promoter support amidst a generally favorable market environment.