Why is Gujarat Cotex falling/rising?

As of 11-Aug, Gujarat Cotex Ltd's stock price is currently at 9.10, reflecting an increase of 0.25 or 2.82%. Today's price summary indicates that the stock has outperformed its sector by 1.47%, despite trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has experienced a significant rise in delivery volume, increasing by 949.56% compared to the 5-day average, which suggests heightened investor interest. Over the past year, the stock has generated a substantial return of 66.67%, although it has faced challenges with operating losses and a weak long-term fundamental strength, as indicated by a high Debt to EBITDA ratio and flat results in recent quarters.
In the broader market context, while the stock has outperformed the BSE500 index, which has seen negative returns of -1.85% over the past year, it has still faced a decline of 11.56% over the past month. This indicates that while the stock has shown strong performance relative to the market over the long term, its recent short-term performance has been less favorable. The attractive valuation metrics, such as a low PEG ratio and trading at a discount compared to peers, suggest potential for recovery, but the company's operational challenges may continue to weigh on its performance in the near term.