Why is Gagan Gases falling/rising?

As of 04-Jul, Gagan Gases Ltd's stock price is currently at Rs 20.55, reflecting an increase of Rs 1.55, or 8.16%. Today, the stock has shown a positive performance, outperforming its sector by 8.18% and reversing a two-day decline. It opened with a significant gain of 6.68% and reached an intraday high of Rs 21.2, marking an 11.58% increase. Despite this positive movement, the stock has underperformed in the longer term, with a year-to-date decline of 15.26% and a one-year drop of 27.18%. The company has reported positive results over the last three quarters, with increasing profits, but it faces challenges such as weak long-term fundamental strength and a poor ability to service its debt, which may impact investor sentiment.
In the broader market context, Gagan Gases has underperformed compared to the Sensex, which has gained 6.77% year-to-date. While the stock has shown a short-term rebound, its longer-term performance remains concerning, especially given its negative returns over the past year compared to the market's positive returns. The stock's trading below its moving averages and the weak EBIT to interest ratio suggest underlying vulnerabilities that could affect its future performance despite today's gains.