Why is Gujarat Fluoroch falling/rising?

As of 19-Sep, Gujarat Fluorochemicals Ltd is experiencing a price increase, currently at Rs 3,795.00, reflecting a rise of 79.35 (2.14%). The stock has shown positive momentum, gaining for the last three consecutive days with a total return of 2.95% during this period. It has outperformed its sector by 2.47% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a significant drop in delivery volume by 64.73% against the 5-day average, the company has demonstrated strong financial performance, with positive results in the last three quarters, including record net sales and operating profit margins. The low Debt to EBITDA ratio of 1.48 times further indicates a strong ability to service debt, contributing to investor confidence.
In the broader market context, Gujarat Fluorochemicals Ltd has outperformed the Sensex over the past week, with a return of 2.22% compared to the benchmark's 0.88%. Over the past month, the stock has also significantly outperformed the Sensex, returning 11.62% against the benchmark's 1.20%. However, it is important to note that the stock has underperformed year-to-date and over the past year, with declines of 9.45% and 9.23%, respectively, while the Sensex has gained 5.74% and lost only 0.67%. This mixed performance highlights the stock's recent positive trend amidst a longer-term struggle, suggesting that while current movements are favorable, broader challenges remain.