Why is Gagan Gases falling/rising?

As of 22-Jul, Gagan Gases Ltd's stock price is currently at Rs 27.59, reflecting a decline of Rs 1.45 or 4.99%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total drop of 18.97% during this period. Today's performance indicates that the stock opened with a loss of 4.99% and has not fluctuated beyond this price point. Despite positive financial results over the last three quarters, including a higher profit after tax and earnings per share, the stock's long-term fundamental strength appears weak, with a low growth rate in operating profits and a poor ability to service debt. This combination of factors contributes to the stock's recent downward movement.
In the broader market context, Gagan Gases Ltd has underperformed the benchmark Sensex in the short term, with a 1-week return of -2.78% compared to the Sensex's -0.47%. However, the stock has shown strong performance over the longer term, with a 31.01% return over the past year, significantly outperforming the benchmark's 2.09% return. Despite this, the recent decline in investor participation and liquidity, along with the stock trading below its moving averages, suggests a cautious sentiment among investors. The stock's valuation, while trading at a discount compared to peers, may not be enough to offset concerns regarding its long-term growth potential and financial health.