Why is Gujarat Gas falling/rising?

As of 03-Jul, Gujarat Gas Ltd. is currently priced at 494.00, reflecting a decrease of 5.7, or 1.14%. The stock has recently underperformed its sector by 1.6% and has experienced a trend reversal, falling after six consecutive days of gains. Despite this decline, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend prior to this drop. Over the past week, the stock has shown a return of +6.95%, while its performance over the last month is +5.78%. However, the stock has significantly underperformed over the past year, with a return of -22.54%. Factors contributing to this recent price movement include high management efficiency with a return on equity (ROE) of 20.26% and a low debt-to-equity ratio, but the company has also faced challenges such as poor long-term growth and consistent underperformance against benchmarks.
In the broader market context, the Sensex has experienced a slight decline of -0.62% over the past week, while Gujarat Gas has outperformed this benchmark during the same period. However, the stock's year-to-date performance shows a decline of -1.20%, contrasting with the Sensex's gain of +6.53%. This discrepancy highlights the stock's struggles in comparison to the overall market, particularly given its significant underperformance over the last year and the last three years. The high institutional holdings at 25.79% suggest that knowledgeable investors are involved, but the company's flat results and low cash reserves may be causing concern, leading to the current price decline.