Why is Guj.Nat.Resour. falling/rising?

As of 02-Jul, Gujarat Natural Resources Ltd is experiencing a price increase, with its current price at Rs. 69.26, reflecting a rise of 1.35 (1.99%). The stock has recently hit a new 52-week high and has shown strong performance, gaining 8.35% over the past week and an impressive 36.39% over the last month. Despite this positive momentum, the company faces challenges, including operating losses and weak long-term fundamental strength, as indicated by a significant decline in operating profit and negative growth in net sales and profit after tax. These factors suggest that while the stock is currently rising, underlying financial issues may pose risks to its future performance.
In the broader market context, Gujarat Natural Resources Ltd has outperformed the Sensex, which has only increased by 0.79% over the past week, while the stock has gained 8.35%. This outperformance is notable, especially given the company's long-term returns, which have significantly exceeded those of the benchmark indices over various periods. However, the falling investor participation, as evidenced by a 47.05% drop in delivery volume, raises concerns about the sustainability of the stock's upward trajectory amidst its operational challenges.