Why is Guj. Terce Labs. falling/rising?

As of 04-Aug, Gujarat Terce Laboratories Ltd is experiencing a price increase, currently at Rs 50.48, which reflects a rise of 1.13 or 2.29%. The stock has shown a positive trend recently, gaining 3.53% over the last three days and outperforming its sector by 1.95% today. It opened with a gain of 3.32% and reached an intraday high of Rs 50.99. However, despite this short-term performance, the stock has a mixed longer-term outlook, with a year-to-date decline of 40.47% and a weak long-term fundamental strength indicated by a low CAGR growth in net sales and negative profitability metrics. The stock's performance has been bolstered by its ability to generate an 8.54% return over the past year, despite a significant drop in profits.
Broader market context shows that the stock has outperformed the Sensex in the short term, with a weekly return of 5.17% compared to the benchmark's 0.16%. However, the overall market has been challenging, as evidenced by the BSE500's negative returns of -2.34% over the past year. This context highlights the stock's ability to generate returns despite broader market weaknesses, although the falling investor participation and liquidity concerns may pose risks moving forward. The stock's valuation remains expensive relative to its fundamentals, which could impact investor sentiment in the long run.