Why is Adani Total Gas falling/rising?

As of 16-Jul, Adani Total Gas Ltd's stock price is currently at 659.90, reflecting an increase of 13.7 or 2.12%. The stock has shown a positive performance today, outperforming its sector by 1.74% and reaching an intraday high of Rs 662.1. However, despite this short-term gain, the stock has experienced a decline of 27.00% over the past year and a significant drop of 76.49% over the last three years. The company has a high management efficiency with a return on capital employed (ROCE) of 20.46% and a low debt to EBITDA ratio of 1.08, indicating a strong ability to service its debt. Nonetheless, the stock's long-term growth prospects appear poor, with operating profit growth at only 11.31% over the last five years and recent quarterly results showing declines in profit before tax and profit after tax.
In the broader market context, the stock's short-term return of 1.26% over the past week contrasts with the benchmark Sensex, which has declined by 1.08% during the same period. This indicates that while Adani Total Gas is performing better than the market recently, its long-term performance remains concerning, especially given its underperformance compared to the BSE500 over the last three years and one year. Additionally, the falling investor participation, as evidenced by a 9.12% decrease in delivery volume, may reflect a lack of confidence among investors, further complicating the stock's outlook despite its current rise.