Why is Gujarat Intrux falling/rising?

As of 04-Sep, Gujarat Intrux Ltd's stock price is currently at 447.00, reflecting an increase of 20.5, or 4.81%. The stock has shown strong performance today, outperforming its sector by 5.59% and has been on a consecutive gain streak for the last three days, accumulating a total return of 15.49% during this period. It opened with a gain of 3.63% and reached an intraday high of Rs 453.9, indicating positive momentum. Despite a year-to-date decline of 2.27% and a significant drop of 25.80% over the past year, the company has reported a rise in profits by 17.4%, which, combined with a high dividend yield of 4.61%, contributes to its attractive valuation. The stock's low debt-to-equity ratio and rising investor participation, evidenced by a 170.37% increase in delivery volume, further support its recent price movement.
In the broader market context, Gujarat Intrux's short-term return of 16.48% over the past week significantly outpaces the Sensex's modest gain of 0.80%. While the stock has underperformed the market over the last year, its recent gains suggest a potential recovery phase. The company's performance contrasts with the broader market's negative returns of -1.98% over the same period, indicating that investor sentiment may be shifting positively towards Gujarat Intrux despite its historical challenges. The stock's premium valuation compared to peers and the flat results in the last quarter highlight the mixed outlook, but the current upward trend reflects a response to improved profitability and investor interest.