Why is Guj Pipavav Port falling/rising?

As of 25-Sep, Gujarat Pipavav Port Ltd's stock price is currently at 156.15, reflecting an increase of 2.9 (1.89%). The stock has shown a trend reversal, gaining after two consecutive days of decline, and it outperformed its sector by 3.51% today. The stock reached an intraday high of Rs 157.8, and while it is above the 20-day, 100-day, and 200-day moving averages, it remains below the 5-day and 50-day moving averages. Despite this positive movement, the stock has underperformed in the long term, with a year-to-date decline of 14.27% and a one-year drop of 29.91%. The company has a low debt-to-equity ratio and high institutional holdings, which may provide some support, but it also faces challenges such as poor long-term growth and a high valuation compared to its peers.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has seen a decline of 2.23% over the past week and a negative return of 4.71% over the past year. Although Gujarat Pipavav Port's stock has outperformed the sector today, its overall performance has been significantly worse than the market, with a one-year return of -29.91% compared to the BSE500's -5.88%. This indicates that while there may be short-term gains, the stock's long-term outlook remains concerning, contributing to its volatility and recent price movements.