Why is Gulf Oil Lubric. falling/rising?

As of 17-Sep, Gulf Oil Lubricants India Ltd is experiencing a slight decline in its stock price, currently at 1,309.00, reflecting a decrease of 4.4 points or 0.34%. Despite this drop, the stock has shown positive performance over the past week and month, with returns of 1.71% and 12.66%, respectively. However, it underperformed its sector by 0.87% today, and there has been a notable decrease in investor participation, with delivery volume falling by 4.6% against the 5-day average. The stock is trading above its moving averages across various time frames, indicating some underlying strength. The company maintains a high management efficiency with a return on equity (ROE) of 23.37% and a low debt-to-equity ratio, which supports its valuation as attractive compared to peers.
In the broader market context, Gulf Oil Lubricants has outperformed the benchmark Sensex over the past week and month, with respective returns of 1.71% and 12.66% compared to the Sensex's 1.56% and 2.60%. However, the stock has underperformed over the past year, with a return of -7.74% against the Sensex's -0.46%. The company's market capitalization of Rs 6,461 crore positions it as a significant player in its sector, contributing to 17.45% of the industry. Despite the recent price decline, the stock's fundamentals, including a PEG ratio of 1.3 and rising profits, suggest that it is trading at a fair value, which may attract investors looking for stability in a fluctuating market.